Chevrolet Bolt EV
By the end of August, LG Electronics will begin mass production of core parts for Chevrolet's flagship electric car Bolt EV.
The contract with LG covers six year period, roughly the generational lifespan of the upcoming 200 mile EV.
Korean group not only won the order to provide lithium-ion battery cells (LG Chem) for the Bolt, but a lot of the other componentry that is critical for the project.
LG's vehicle components division, launched in 2013, will use new production lines for Bolt EV part fabrication at its Incheon research center in South Korea.
In addition to listening to LG’s expertise on what vehicle to best offer, GM is relying on the company for a long list of components from production lines established at LG's, including 11 core components.
Those core parts will be then shipped to the U.S. where GM will produce the cars at Orion Assembly (Orion Township, Michigan) beginning in October, with deliveries to begin before the end of 2016.
Chevrolet Bolt EV Interior - With Some Help From LG
Here is our short list of what we know LG is providing:
- Electric Drive Motor (built from GM design)
- Power Inverter Module (converts DC power to AC for the drive unit)
- On Board Charger
- Electric Climate Control System Compressor
- Battery Cells and Pack
- High Power Distribution Module (manages the flow of high voltage to various components)
- Battery Heater
- Accessory Power Module (maintains low-voltage power delivery to accessories)
- Power Line Communication Module (manages communication between vehicle and a DC charging station)
- Instrument Cluster
- Infotainment System
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After three years since inception, LG's VC division still is in early stage of investments gradually adding new customers. This year company intends to invest up to 400 billion won ($360 million).
Chevrolet Bolt EV's 60 kWh LG Chem Battery
“Automakers are very strict in terms of safety and form a long-term relationship, with only a few qualified parts suppliers due to safety concerns,” an LG Electronics official said. “That’s why it takes more time for us to generate tangible results in the business. We are still in the investment phase.”
Park Kyung-ryul, vice president of LG Electronics’ VC division, told investors in a second-quarter conference call: “The VC unit is posting double-digit growth in obtaining orders each year.”
source: The Korea Times