FI showroom red and grey logo
MenuMENU
SearchSEARCH

GM, LG to Jointly Develop Electric Vehicles

General Motors and LG Group, which served as the battery cell supplier for the car company’s Chevrolet Volt and Opel Ampera extended-range EVs, are partnering up again on the design and engineering of future electric vehicles (EV).

by Staff
August 30, 2011
2 min to read


DETROIT – General Motors (GM) and LG Group, which served as the battery cell supplier for the car company’s Chevrolet Volt and Opel Ampera extended-range EVs, will be working together again. This time, the two companies will jointly design and engineer future electric vehicles (EV).

The partnership agreement was signed Aug. 24 and will help GM expand the number and types of electric vehicles it makes and sells by using LG’s expertise in batteries and other systems, according to GM. For LG, the agreement will widen its portfoli6o as an automotive solutions provider.

Ad Loading...

“Many solutions for tomorrow’s transportation needs may be available more quickly by building on our partnership strategy,” said Steve Girsky, GM vice chairman. “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.”

LG and GM engineers will work on key components as well as vehicle structures and architectures. Vehicles resulting from the partnership will be sold in many countries, according to GM.

The relationship between the two companies expanded last year with work on a demonstration fleet of Chevrolet Cruze electric vehicles. The vehicles, which were used as official vehicles of the G20 summit in Seoul, are currently in the market-testing phases.

“This is a strategic development for LG and we fully support GM’s goal to lead the industry in the electrification of the automobile,” said Juno Cho, president and chief operating officer of LG Corp.

More Digital

car outline on top of a data background
Industryby Lauren LawrenceApril 7, 2026

Dealers Seek Actionable AI

Dealers are facing growing frustrations with current generic artificial intelligence tools, according to a survey by Lotlinx, which found they want a solution that understands their inventories.

Read More →
Building Team Resilience Sales Series with Josh Krach from the Automotive Training Academy by Assurant
DigitalApril 1, 2026

Building Team Resilience

In this video, Josh Krach guides you on how to build a resilient dealership team in 2026.

Read More →
2026 NADA Chairman Rob Cochran and outgoing chairman Thomas Castriota
Digitalby Hannah MitchellApril 1, 2026

New at the Wheel

2026 NADA Chairman Rob Cochran knows a thing or two about leadership after decades in the business. He brings an emphasis on stewardship to his new role at the head of the country’s major auto retail trade group.

Read More →
Ad Loading...
Ron Reahard, president of Reahard & Associates, announcing an integration with ImpactMenu to enhance F&I transaction recording, compliance and dealership performance insights.
Digitalby StaffMarch 19, 2026

Reahard & Associates Forges New Integration

The firm's F&I Insight tie-up with The Impact Group’s ImpactMenu platform is designed to enhance finance-and-insurance transaction recording for auto dealerships.

Read More →
Chris Walsh, president and acting CEO of Reynolds and Reynolds, promoting the company’s Amplify 2026 event for dealership professionals focused on technology and operations.
Industryby StaffMarch 13, 2026

Registration Open for Reynolds Amplify Retail Summit

Advancements with Reynolds' AI Agent, Rey, will take center stage this August at the Park Hyatt Aviara in Carlsbad, Calif., near San Diego.

Read More →
A customer signs documents on a digital e-contracting tablet using a stylus while a dealership employee points to the screen, alongside the Reynolds and Reynolds and Assurant logos.
Digitalby StaffMarch 6, 2026

Automotive Training Academy by Assurant Grows Offering

A new Atlanta location on Reynolds and Reynolds' docuPAD e-contracting system is designed to broaden access for auto professionals.

Read More →
Ad Loading...
A dealership customer works with an F&I representative at a desk during the vehicle purchase process.
Digitalby StaffJanuary 30, 2026

Assurant Debuts Virtual Solution for Dealers' Staffing Challenges

Company says on-demand access to F&I specialists is shown to boost dealership efficiency and profitability.

Read More →
DigitalDecember 16, 2025

What to Do When Your Vendor Is Hacked

The quickest way to turn a breach into a crisis is to wing it. Follow this seven-step playbook to ensure you meet your obligations.

Read More →
Digitalby Hannah MitchellDecember 3, 2025

Dealer Credit Service Provider Breached

Hack exposed thousands of dealerships’ customer data

Read More →
Ad Loading...
DigitalNovember 18, 2025

Unearthing the Gold in Your Dealership Data

How to take a smarter path to revenue

Read More →