GM and LG partner to make EVs
LG already supplies battery cell packs for GM’s Chevy Volt and Opel Ampera EVs
DETROIT—General Motors Corp. (GM) and LG Group have announced they will partner to design and engineer electric vehicles (EV), expanding on a relationship built on LG’s work as the supplier for GM’s Chevrolet Volt and Opel Ampera EVs.
The agreement should help GM expand the number and types of electric vehicles GM makes and sells, while LG will widen its portfolio as an automotive solutions provider.
“Many solutions for tomorrow’s transportation needs may be available more quickly by building on our partnership strategy,” said Steve Girsky, GM’s vice-chairman. “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.”
The success of the extended-range propulsion system in the Volt and Ampera led to exploring other collaborations. Teams of LG and GM engineers will work on components, vehicle structures and architectures.
The GM-LG relationship began with LG cells for the battery pack of the Chevrolet Volt and Opel Ampera. It expanded last year with a demonstration fleet of Chevrolet Cruze EVs, which were used as official vehicles for the G20 summit in Seoul and are now in market-testing.
“This is a strategic development for LG and we fully support GM’s goal to lead the industry in the electrification of the automobile,” said Juno Cho, president and chief operating officer of LG Corp.