GM and LG partnered to develop electric cars

- After the alliance between Toyota and Ford, the world's automotive industry continued reviews with GM's grace salary to the LG.
 Recently, General Motors and LG Group have jointly signed a cooperation agreement to develop electric vehicles. This is the first time GM and LG joined hands with each other in the field of battery technology. Previously, LG acts as a lithium-ion battery supplier clusters for two models of GM's Chevrolet Volt and Opel Ampera. According to the agreement signed on Wednesday, the two companies will work together to design an electric car for distribution in many markets worldwide.
 
Under his Akerson, GM corporations have stepped up plans to extend the tram line. According to GM, the Chevrolet Volt has paved the way for the company to enter the field of technology is expected to become the focus of the strategy to cut fuel consumption in the future.
Earlier in August, GM Group has confirmed plans to develop a plug-in hybrid luxury brand Cadillac. Besides, the company also is "conceived" a small electric cars for distribution worldwide.According to Kevin Kelly, a series of GM and LG engineers have now started working together in the United States. Gradually, the GM engineers will be assigned to work at LG plant in Korea.
 
"This is a strategic development plan for LG and we are ready to support the goal of becoming the leading brand of GM's electric car," said Juno Cho, president of LG, said. Meanwhile, GM said the cooperation relationship with LG will allow them to expand faster electric cars is done alone.

Agreement between GM-LG was signed just days after Toyota and Ford officially joined hands with each other to develop hybrid drive system for trucks and SUVs. "In the future, we will see many partner relationships like that. Automotive industry and manufacturers need to adapt to the changes of technology," he Dennis virag, president car consultancy based in Ann Arbor, Michigan, USA, said. "Electric vehicles will play an important role in reducing fuel consumption in the future."