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GM and LG Together Build electric cars

Posted by Bapak on Monday, August 29, 2011

Fri, 26/08/2011 12: 38 PMimg

Detroit -amid the threat of depletion of the reserves as well as petroleum prices continue to skyrocket, electric-powered cars are considered to be the solution. To that end, the car manufacturer General Motors (GM) and LG Group has entered into a partnership to create an electric car technology for the future.

General Motors (GM) and the LG Group will work together to design and build electric vehicles (Electronic Vehicles/EV) in the future, so it strengthens the relationship built LG as suppliers of battery cell for Chevrolet Volt and Opel Ampera extended-range EV.

Cooperation agreement signed by both sides on Wednesday (24/8), will help GM adds to the portfolio of electric vehicles that are manufactured and sold by GM at the moment.

"Our partnership With tercetusnya, this strategy is expected to be a perfect solution for future transportation needs. Consumers will benefit by getting technology save fuel (fuel-saving technology) that this latest so more save time and money, "said GM Vice Chairman Steve Girsky.

The success of the extended-range propulsion system on the Volt and the Ampera became the starting point of the GM is collaborating with other products, particularly in the electrical system. LG Developer Division and GM will work together to build key components, as well as the structure of the vehicle's electrical system. The vehicles are built from this cooperation will be sold in various countries in the world.

The GM's relationship with LG starts with the supply of battery cells for the Chevrolet Volt and LG Opel Ampera. Development of cell battery is done through a demonstration fleet of Chevrolet Cruze electric version. The vehicle is used as the official vehicle of the G20 SUMMIT in Seoul and now are doing the testing phase of the market to learn more about the capabilities and needs of the market.

"This is a strategic development for LG and we fully support the objective of the GM to lead the auto industry in the development of electric vehicles," said President and Chief Operating Officer of LG Corp., Juno Cho.

Electric vehicle technology developed at this time associated with the existence of the limitation of exhaust emissions through stricter regulations on fuel consumption around the world, including the Treaty of fuel economy average Companies (Corporate Average Fuel Economy/CAFE) in the United States be 23,2 km/l (54.5 mpg) which came into effect at the end of 2025. Electric cars that do not have the exhaust and does not require fuel oil (FUEL), expected to play a major role in achieving the goals of the CAFE.

The launch of the merupakanm electric vehicle development results and GM will be announced on this LG in the near future. The agreement does not involve the exchange of shares between companies.


(syu/ddn)
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