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Why you can trust SCMP

Korean conglomerate LG Group's LG Chem sports car, which set a world record for electric vehicles at the Pike Peak International Hill Climb rally in the United States last week.

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The secret was in the battery - a lightweight, lithium-ion polymer battery developed by LG Chem, the chemical subsidiary of LG Group.

Driver Tim Eckert said: 'This car is on the cutting edge of electric-powered technology. Some day, the world's supply of oil is going to run out and this will be the car of the future.'

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