GM and LG Chem to jointly develop electric vehicles (video)

  • 26-Aug-2011 06:11 EDT
LiPB Cell.jpg

The Chevrolet Volt's battery pack contains 288 lithium-ion cells supplied by LG Chem. (LG Chem)

Taking their relationship beyond the Chevrolet Volt, General Motors and battery maker LG Chem on Aug. 25 announced an agreement under which the companies will jointly design and engineer future electric vehicles. Teams of engineers will work on key components, as well as vehicle structures and architectures. Vehicles resulting from the partnership will be sold globally. GM expects to expand the number and types of EVs sold, and get them to market faster than it could alone. The companies did not indicate when the new EVs would be launched. LG Chem is the supplier of lithium-ion cells for the Volt battery pack. (Volt battery structure and operation shown here in an animation by General Motors.)

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