Li-ion battery maker LG Chem was named a GM Supplier of the Year by General Motors during the automaker’s 24th annual Supplier of the Year awards ceremony at Cobo Center in Detroit, Mich. GM recognized 110 of its best suppliers from 17 countries who have consistently exceeded GM’s expectations, created outstanding value, or brought new innovations to the company.
This is the sixth consecutive time LG Chem has received the award.
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. This partnership has been solidified with GM again selecting LG Chem as Supplier of the Year for the sixth consecutive year.—Denise Gray, president and CEO, LG Chem Power Inc.
LG Chem’s close partnership with GM was highlighted in 2010 when LG was honored by GM with the title: Corporation of the Year.
GM’s 2015 supplier recognition represents a nearly 40% increase in the number of suppliers honored compared to 79% in 2014. More than half of the suppliers are repeat winners from 2014.
Winning suppliers were chosen by a global team of GM purchasing, engineering, quality, manufacturing, and logistics executives and selected based on performance criteria in Product Purchasing, Indirect Purchasing, Customer Care and Aftersales, and Logistics.