Detroit, Michigan – General Motors has announced an agreement with Korea-based LG to jointly design and engineer future electric vehicles. The agreement builds on LG’s current relationship with the automaker as the battery cell supplier for the Chevrolet Volt and Opel Ampera.
The agreement will help GM expand the number and types of electric vehicles it sells by using LG’s expertise in batteries and other systems, while LG will widen its portfolio as an automotive solution provider.
“Many solutions for tomorrow’s transportation needs may be available more quickly by building on our partnership strategy,” said GM vice-chairman Steve Girsky. “Consumers benefit by getting the latest fuel-saving technology faster if we work with the best suppliers and we save time and money in the development process.”
Teams of LG and GM engineers will work on key components as well as vehicle structures and architectures. Vehicles resulting from the partnership will be sold in many countries. The two companies worked last year on a demonstration fleet of Chevrolet Cruze electric vehicles that were used as official vehicles of the G20 summit in Seoul and are now being market-tested to learn more about capabilities and requirements.