Excellent Quality Recognized
LG Innotek Co. announced on Sept. 10 that it has received the "Supplier Quality Excellence Award" from U.S.-based General Motors (GM).
This is the second time the company receives the award for its battery management system (BMS), the first being in 2016.
LG Innotek has been recognized for high quality of its products. The "Quality Excellence Award" is given by GM every year to its partners that met the strict standard of zero quality defect.
With the latest award, LG Innotek proved its quality competitiveness of electric vehicle parts such as a DC-DC converter and an electric vehicle communication controller (EVCC). A DC-DC converter converts high-voltage direct current from the battery into low-voltage direct current suitable for vehicle electronics. An EVCC transmits the information on battery charging status, driver, and charging fee between an electric car and a charging station.
LG Innotek recorded sales of 853 billion won (US$755.54 million) in the automotive components business alone last year. Based on the stable quality, the company has been rapidly expanding its power in the car parts market. The sales increased by nearly three times from 300 billion won (US$265.72 million) in2011. The company also expanded its product lines ranging from power steering and braking precision motors, sensors and communications modules to car camera modules that improve the driving safety and convenience, light-emitting diode (LED) and wireless charging modules. LG Innotek currently produces a total of 20 parts for electric and autonomous vehicles.