The American auto giant General Motors has signed a partnership with the LG Group that is the first step into designing and developing future electric vehicles. The LG Group has already entered the automotive industry by supplying the battery cells to the Chevrolet Volt and Opel Ampera, and by adding GM’s experience in the field than that can only mean two things: success and money.
“Many solutions for tomorrow’s transportation needs may be available more quickly by building on our partnership strategy. 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”, said the General Motors vice chairman, Steve Girsky.
According to the two companies, General Motors and LG will work on the vehicle structures and architectures and the cars will be sold in many countries. The new EVs that will come off the production line from the GM & LG partnership will play a major role into the US Corporate Average Fuel Economy (CAFÉ) of 54.5 mpg (4.3L/100km) by the end of 2025 model year.