LG Electronics said on Wednesday it will work with Volkswagen AG to jointly develop a connected car platform to enable vehicles to communicate with external devices. LG said it and Volkswagen will work to jointly develop over "the next few years" technologies allowing drivers to control and monitor devices in their homes such as lights and security systems, as well as in-vehicle entertainment technologies and an alerting system for drivers providing "recommendations" based on real-time situations.

LG Electronics, along with affiliates LG Display Co Ltd and LG Innotek Co Ltd, last year clinched a deal to supply key components ranging from the battery cells and the electric motor for General Motors' 2017 Chevrolet Bolt electric car. LG companies also supply products such as car audio systems and batteries to Volkswagen.

Automakers and technology companies have been forming partnerships as the race to develop self-driving cars has created need for components and software that will allow vehicles to communicate with various external devices and servers via the internet.