GM has honored Li-ion battery maker LG Chem by naming it a GM Supplier of the Year at an awards ceremony in Detroit. LG Chem was one of only 110 of GM’s suppliers to receive this exclusive award, which it has now won for six consecutive years.
There’s no question that LG Chem is an integral part of GM’s electrification strategy. The Korean company will be manufacturing many components for the new Bolt: not only the battery packs, but a new GM-designed motor, the power inverter, on-board charger and many other key parts.
“LG Chem has had a long-standing partnership with GM, supplying the company with batteries for GM’s first generation Volt in 2010, as well as the 2014 Spark EV and the all-new Bolt EV introduced in 2016,” said LG Chem Power CEO Denise Gray.
The Korean company’s star is definitely on the rise. Among the new vehicles that will use LG Chem batteries are Chrysler’s new hybrid minivan and Tesla’s Roadster 3.0. A recent report from Navigant Research crowned LG Chem as the world’s Li-ion leader.