LG COMPANIES HONORED WITH GM’S 2015 OVERDRIVE AWARD
- 03, 11 2016
SEOUL, March 11, 2016 ― LG Electronics’ Vehicle Components Company and LG Chem received GM’s prestigious Overdrive Award on March 10 at the 2015 Supplier of the Year event held at the Cobo Center in Detroit. LG was recognized by General Motors (GM) for its work supplying innovative automotive technology and vehicle components toward its electric vehicle (EV) efforts.
Overdrive Award are bestowed by a panel of experts from GM’s purchasing, engineering, quality control, manufacturing and logistics teams every year to the company’s top four partners. Winners are based on the level and quality of technical innovation, product quality and competitive pricing.
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. This partnership has been solidified with GM selecting LG Chem as Supplier of the Year for six consecutive years. LG Chem’s close partnership with GM was highlighted in 2010 when the LG company was honored by GM with the title, Corporation of the Year.
“We are extremely honored to receive this award as we believe it demonstrates the effectiveness of our long-term partnership with GM,” said Lee Woo-jong, vice president of the LG Electronics Vehicle Components Company. “Since establishing the Vehicle Components Company in 2013, LG has been very lucky to partner with world-class companies such as GM.”
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About LG Electronics, Inc.
LG Electronics, Inc. (KSE: 066570.KS) is a global leader and technology innovator in consumer electronics, mobile communications and home appliances, employing 83,000 people working in 119 locations around the world. With 2015 global sales of USD 48.8 billion (KRW 56.5 trillion), LG comprises four business units ― Home Entertainment, Mobile Communications, Home Appliance & Air Solution, and Vehicle Components ― and is one of the world’s leading producers of flat panel TVs, mobile devices, air conditioners, washing machines and refrigerators. LG Electronics is a 2015 ENERGY STAR Partner of the Year. For more news and information on LG Electronics, please visit www.LGnewsroom.com
About LG Electronics Singapore Pte Ltd
LG Electronics Singapore Pte Ltd (LG Electronics Singapore) is a fully-owned subsidiary of LG Electronics Inc., the pioneer and market leader of the Korean electronics industry for over five decades. LG Electronics Singapore operates three business units – Home Entertainment, Mobile Communications and Home Appliance & Air Solution. In recognition of its vision to enrich people’s life with smart technologies and innovative design, LG Electronics Singapore has been recognized with prominent local and international accolades, such as the CNET Asia Editor’s and Readers' Choice Awards, HWM+HardwareZone.com Tech Awards, Red Dot Design, and GfK No. 1 Awards. For more information, please visit www.lg.com/sg.