Volvo to link up with LG Electronics to develop future electric cars

By [email protected] (tsport100) Sweden-based vehicle manufacturer Volvo Car Group will join hands with South Korea’s LG Electronics Inc. to develop future vehicles such as self-driving and electric cars with an aim to expand its presence in the burgeoning new-generation vehicle market. Volvo is most likely to establish a strategic partnership with LG Electronics to co-develop key technologies from an early stage rather than simply receive related components from the Korean tech giant. According to multiple industry sources on Friday, Hakan Samuelsson, president and chief executive of Volvo Car Group, visited LG Electronics’ campus in Cheongna, Incheon, where the company’s vehicle components

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