General Motors and electronics giant LG have entered into a partnership to work together to drive down development costs of future GM models.
The partnership will focus on GM’s upcoming Chevrolet Bolt electric vehicle, due to arrive in showrooms next year. Finding ways to put downward pressure on battery production costs is key to the wider success and acceptance of EVs.
The Bolt was unveiled in concept form at this year’s Detroit Auto Show, and is expected to serve as a direct rival to Tesla’s Model 3 with a starting price around the US$30k mark in its home market (the US) and a 200-mile range (320km).
Keeping battery costs down will be imperative to the Bolt’s success, but LG’s involvement doesn’t end there.
The tech giant will also supply much of the Bolt’s interior gadgetry, including the all-important infotainment system, which increases the partnership’s appeal for both parties.
LG will also design the instrument cluster, and GM customers can expect to see more LG tech filtering down to other models.
The bulk of the Bolt’s electric driveline will come from LG, including the on-board charger and the power inverter.
The Bolt isn’t LG’s first project for GM, as the pair has been working together on the larger Volt range-extended EV since 2008.
Speaking with US industry paper Automotive News, GM product boss Mark Reuss said the partnership was an “entirely different” approach to building a new model.
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