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by Matt Brogan

GM today produced its first advanced lithium-ion battery pack for its new Chevrolet Volt plug-in electric hybrid vehicle.

The announcement comes exactly three years to the day since the Volt concept made its debut.

Last August, GM invested US$43 million in preparing a plant to produce the lithium-ion battery packs for the Volt and other electric-vehicles with range extending capabilities.

GM said that it will start shipping batteries for Volt assembly early in the second-quarter of this year.