LG Electronics
Chevrolet Bolt EV to be Developed through Strategic Partnership Between GM and LG
2015.11.02General Motors set aside traditional vehicle development in selecting LG Electronics as its partner in developing the next generation Chevrolet Bolt EV (electric vehicle), which can travel more than 200 miles on a single electric charge.
Offering consumers the first long-range, affordable EV required an unprecedented supplier relationship combining expertise in infotainment, battery systems and component development with GM’s proven in-house capabilities in electric motor design, battery control, system validation and vehicle body/system integration.
Following joint planning and research, GM and LG brought the Chevrolet Bolt EV to reality. The Bolt EV concept was shown at the North American International Auto Show in January this year. Chevrolet confirmed in February that the Bolt EV would go into production at GM’s Orion Township, Michigan (USA) assembly plant in late 2016.
GM & LG Blend Expertise
Engineers considered different vehicle architectures, electric driving ranges and performance options for the Bolt EV before deciding the vehicle must be affordable and deliver 200-plus miles of all-electric driving with spirited performance.
“Chevrolet needs to be disruptive in order to maintain our leadership position in electrification,” said Mark Reuss, GM executive vice president of Global Product Development, Purchasing and Supply Chain. “By taking the best of our in-house engineering prowess established with the Chevrolet Volt and Spark EV, and combining the experience of the LG Group, we’re able to transform the concept of the industry’s first long range, affordable EV into reality.”
LG Electronics’ Vehicle Components led a team of LG companies including LG Chem, LG Innotek and LG Display to help develop the Bolt EV. LG Electronics has invested more than $250 million in an engineering and manufacturing facility in Incheon, Korea, to support the component development and manufacturing for Bolt EV components.
“Being selected as GM’s EV technology partner positions LG as a key player in next-generation vehicular technologies,” said Lee Woo-jong, president and CEO of the LG Electronics Vehicle Components Company. “The opportunity to work with GM on such game-changing technology is indicative of exactly the type of contributions that traditional tech companies can make in the automotive space.”
Offering consumers the first long-range, affordable EV required an unprecedented supplier relationship combining expertise in infotainment, battery systems and component development with GM’s proven in-house capabilities in electric motor design, battery control, system validation and vehicle body/system integration.
Following joint planning and research, GM and LG brought the Chevrolet Bolt EV to reality. The Bolt EV concept was shown at the North American International Auto Show in January this year. Chevrolet confirmed in February that the Bolt EV would go into production at GM’s Orion Township, Michigan (USA) assembly plant in late 2016.
GM & LG Blend Expertise
Engineers considered different vehicle architectures, electric driving ranges and performance options for the Bolt EV before deciding the vehicle must be affordable and deliver 200-plus miles of all-electric driving with spirited performance.
“Chevrolet needs to be disruptive in order to maintain our leadership position in electrification,” said Mark Reuss, GM executive vice president of Global Product Development, Purchasing and Supply Chain. “By taking the best of our in-house engineering prowess established with the Chevrolet Volt and Spark EV, and combining the experience of the LG Group, we’re able to transform the concept of the industry’s first long range, affordable EV into reality.”
LG Electronics’ Vehicle Components led a team of LG companies including LG Chem, LG Innotek and LG Display to help develop the Bolt EV. LG Electronics has invested more than $250 million in an engineering and manufacturing facility in Incheon, Korea, to support the component development and manufacturing for Bolt EV components.
“Being selected as GM’s EV technology partner positions LG as a key player in next-generation vehicular technologies,” said Lee Woo-jong, president and CEO of the LG Electronics Vehicle Components Company. “The opportunity to work with GM on such game-changing technology is indicative of exactly the type of contributions that traditional tech companies can make in the automotive space.”
