Thursday, August 25, 2011
GM and LG to Jointly Develop Electric Vehicles
General Motors and LG Group will jointly design and engineer future electric vehicles, expanding a relationship built on LG’s function as the battery cell supplier for the Chevrolet Volt and Opel Ampera extended-range EVs.The definitive agreement signed Wednesday will help GM expand the number and sorts of electric vehicles it makes and sells by employing LG’s verified expertise in batteries and other systems. For LG, the arrangement represents a widening of its portfolio as an
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