August 26, 2011

GM and LG to Design Electric Vehicles Together

GM and electronics manufacturer LG are to design and engineer electric vehicles together.

The automaker say that the agreement will help it expand the variety of EVs it makes, by using LG’s proven expertise in batteries and other systems. For LG, the arrangement represents a widening of its portfolio as an automotive solution provider, the electronics manufacturer says.

LG already supplies batteries for the Chevrolet Volt (pictured) and Opel Ampera extended-range electric vehicles.

Earlier this week, Ford and Toyota signed a memorandum of understanding aimed at developing advanced hybrid systems for light trucks and SUVs.

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