General Motors partners with LG to improve electric vehicles

Ford recently announced that it was partnering with Toyota to help create fuel-efficient trucks and SUVs. Not to be outdone, General Motors and LG Group will be teaming up to design electric vehicles in the future.

The partnership seems like a logical one as LG has worked on the electric engine for the popular Chevrolet Volt as well as the Opel Ampera. The venture will focus on finding other areas to use the technology, and seems to be beneficial to LG, GM and consumers.

"Many solutions for tomorrow’s transportation needs may be available more quickly by building on our partnership strategy," said GM vice chairman Steve Girsky. "Consumers benefit by getting the latest fuel-saving technology faster if we work with the best suppliers and we save time and money in the development process."

The move will likely prove to be an important one in the coming years as the U.S. government recently called for cars to have a 54.5 miles per gallon fuel economy by 2025.

Drivers looking to get behind the wheel of a fuel-efficient car may want to check out New Jersey Auto Auction, which offers plenty of models at affordable prices.