General Motors and LG Group (which umbrellas LG Chem — the supplier responsible for the batteries of the Chevrolet Volt) have signed off on a new agreement to develop new batteries which will allow GM to “expand the numbers and types of electric vehicles it sells,” some of which will be sold in multiple countries.
This news swiftly follows the agreement between The General and A123 Systems that will lead to the batteries powering the Cadillac ELR.
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