A deal between General Motors (GM -0.5%) and LG to develop an electric car, expands on an early...

|About: General Motors Company (GM)|By:, SA News Editor

A deal between General Motors (GM -0.5%) and LG to develop an electric car, expands on an early collaboration between the two firms to outfit the Chevrolet Volt and hardware for the OnStar system. Shares of rival Tesla Motors (TSLA) are down 4% as electric car competition heats up.