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General Motors is reportedly teaming up with LG to jointly develop future electric vehicles. The new deal will see both companies jointly design and engineer future cars using LG’s battery technology and other electronic systems. Previously LG has provided battery cells for the Chevy Volt in North America and the Opel Ampera in Europe. The partnership is being viewed as a natural extension of their previous work together.
“Many solutions for tomorrow’s transportation needs may be available more quickly by building on our partnership strategy,” GM Vice Chairman Steve Girsky said. “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.” It’s not yet known what vehicles GM and LG will be creating together. A press release stated that that information will be available once the vehicles are “closer to market readiness.”
GM’s next venture into electric vehicles will be the recently announced Cadillac ELR plug-in hybrid. This car as GM reports, will change the face of electric car industry.