HomePreviewsReviewsNewsCrossroadsGalleryTips & GuidesContact
Thank you for visiting Star-Motoring.
The site has been folded into automania.my and is no longer being updated.
Please visit us at our new home at automania.my.
Crossroads
Hybrids & EVs
LG and GM team up on EV project
Hybrids & Evs
Friday, August 26, 2011 3:56 PM

LG and GM team up on EV project

SEOUL: LG Corp and General Motors have signed a strategic alliance deal to jointly develop high-performance electric cars, the South Korean company said Friday.

The agreement signed in Detroit on Thursday aims to use LG's proven car battery system to develop a variety of eco-friendly, electricity-powered vehicles, said LG, the holding company of South Korea's fourth-largest conglomerate LG Group.

LG and GM, in addition, plan to work together in the building of parts for the new cars and share responsibility for global sales, reports Yonhap news agency.

The South Korean company said the deal highlights LG's commitment to supporting GM's plan to make electric cars of the future.

GM has said that it wants to make more electric vehicle models as carmakers around the world scramble to meet consumer and regulatory demands for energy efficient cars that do not emit carbon dioxide into the atmosphere.

The two companies, however, did not exchange shares.

LG already supplies lithium-ion battery packs for plug-in hybrids made by GM affiliates such as Chevrolet and Opel.

It has also engaged in the development of an electric power model of the best-selling Cruze compact sedan, which is currently being tested on a South Korean test track to learn about its capabilities.

 -Bernama

Related

» None
COMMENT
Image not found
Image not found
Image not found
Get Answer
About TOC

The modern car is one of the most sophisticated machines ever created. Dozens of control systems and computer processors work together to ensure it works seamlessly and effectively day in and day out.

But machines do break down occasionally. The technical team of The Otomotif College (TOC) is here to offer advice and help troubleshoot car problems

The team of seven trainers, led by Allan Cabiles (pic), has collectively 30 years of experience in a wide range of car makes. The TOC Team prides itself on keeping pace with the ever-evolving automotive industry. Its trainers undergo training sessions with a network of 800 industry partners across the country.

With such an extensive body of knowledge, think of the TOC Team as your go-to automotive experts.

Copyright © 1995-2014 Star Publications (M) Bhd (Co No 10894-D) | Privacy Statement