GM and LG to jointly develop EVs

General Motors and LG Group will jointly design and engineer future Electric Vehicles (EVs), expanding a relationship built on LG’s work as the battery cell supplier for the Chevrolet Volt and Opel Ampera extended-range EVs. 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. Timing of the launch of the first vehicles resulting from the partnership will be announced closer to market
June 22, 2012 Read time: 1 min
General Motors Chairman and CEO Dan Akerson and Juno Cho, President and COO of LG, signing the agreement to cooperate on future electric vehicles
948 General Motors and 954 LG Group will jointly design and engineer future Electric Vehicles (EVs), expanding a relationship built on LG’s work as the battery cell supplier for the 1960 Chevrolet Volt and 4233 Opel Ampera extended-range EVs. 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. Timing of the launch of the first vehicles resulting from the partnership will be announced closer to market readiness. The agreement does not involve an exchange of equity between the companies.

The definitive agreement will help GM expand the number and types of electric vehicles it makes and sells 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.

For more information on companies in this article

Related Content

  • TransWiseway and IBM building China’s largest connected vehicles platform
    June 2, 2014
    IBM is collaborating with Beijing transportation information service systems provider TransWiseway Information Technology to build the largest connected vehicles platform in China that will transform the development of the country’s connected car services industry. The cloud-based platform will use advanced analytics for applications that offer real-time in-vehicle services to mobile devices, such as weather advisories, traffic alerts and alternate route suggestions.
    Read More
  • Making cars safer for vulnerable road users
    June 2, 2016
    Richard Cuerden considers measures to improve the safety of vulnerable road users. The competitive nature of the car market has seen an increase in protection for those travelling inside the vehicle and this is reflected in the casualty statistics -but the same does not apply to those outside the vehicle. And with current societal trends such as ageing populations, an increasing number of pedestrians and cyclists encouraged by environmental policies, this is an area that authorities such as the European Uni
    Read More
  • V2X: The design challenges
    May 2, 2018
    The connected future throws up a number of enticing possibilities for us all. But, says Houman Zarrinkoub of MathWorks, issues around visualisation, prototyping and model evolution need to be examined carefully. We are all aware of the huge amount of investment going into driverless car technologies. With the likes of Volvo, Tesla and BMW getting in on the act, soon they will be a common sight on our roads. However, for this to occur, the vehicles must be able to connect with each other and ensure driver
    Read More
  • Delcan Technologies formed
    March 1, 2012
    Delcan Corporation and Intelligent Devices have announced the launch of Delcan Technologies, a new partnership that leverages the strengths of both companies within the transportation market.
    Read More

Highlighted Content