Industry giants General Motors and LG Group have just announced that they are joining forces to design premium electric vehicles. LG will bring its expertise in battery systems to the relationship, enabling General Motors to expand their fleet offer of electric vehicles. The partnership will benefit consumers by providing the latest and best fuel-efficient technology at a faster rate.
GM’s partnership with LG could make them the leading manufacturer of electric vehicles in the industry. Working together they could find innovative solutions to electric vehicle design, and create more vehicle options for their customers while raising the bar for the entire industry.
Recent worldwide emission and fuel consumption regulations also motivated the partnership. The U.S. Corporate Average Fuel Economy (CAFE) must be 54.5 mpg by 2025, a goal which can be met by the usage of electric vehicles.
New to the automotive industry, LG engineers will work closely with GM on vehicle structure and design. LG already provides the battery cells for GM’s Chevrolet Volt and Opel Ampera, and the relationship tightened with the introduction of the Chevrolet Cruze electric vehicle. The partnership is a giant step for the advancement of making electric vehicles on par with traditionally fueled vehicles in the eyes of the consumer.