Volkswagen Selects LG Electronics As Battery Partner Under FAST Initiative

AUG 11 2015 BY MARK KANE 10

Volkswagen Golf GTE Sport concept

Volkswagen Golf GTE Sport concept

Volkswagen Group announced the first 44 suppliers nominated under the new FAST “Future Automotive Supply Tracks” initiative, which includes strategic partners for future projects.

“These suppliers were chosen for their outstanding performance in their respective field of competence based on a systematic selection process. Volkswagen Group Procurement is responding to the challenges currently facing the automotive industry by working together with its suppliers under the “Future Automotive Supply Tracks” initiative (or FAST for short) and will implement technical innovations even faster.”

Dr. Francisco Javier Garcia Sanz, member of the Volkswagen Aktiengesellschaft Board of Management responsible for Procurement, said:

“In future, it will not be the corporation with the best negotiating skills that has the advantage, but the one that has also successfully established an optimal supplier network. The nominated FAST suppliers are important beacons in our network and I am looking forward to even closer and more intensive collaboration.”

Among the FAST suppliers we find LG Electronics Inc. in the field of high-voltage batteries. We are not sure whether LG Electronics will help with the battery packs themselves and/or battery cells.

By joining FAST, the South Korean company could also be opening doors for a lithium-ion battery deal (from sister company LG Chem) with Volkswagen, and further replace Panasonic. Panasonic, supplies some current VW batteries, wasn’t listed, at least not yet.

“The first nomination phase will come to an end in spring 2016. Suppliers not yet nominated still have the opportunity to qualify for the FAST program. Volkswagen continually reviews supplier performance for this exclusive partnership and adjusts the circle of FAST suppliers as required. The “FAST Summit”, the first exclusive strategy conference with all partners, will take place in spring 2016.”

Here is the list of 44 FAST partners:

FAST partnerCountryField of Competence
GROB-WERKE GmbH & Co. KGGermanyMachining, motor
Carl Zeiss Industrielle Messtechnik GmbHGermanyCoordinate measuring devices
BP p.l.c.Great BritainAutomotive fluids
ExxonMobil Oil CorporationUSAAutomotive fluids
Avis  Budget Autovermietung GmbH & Co. KGGermanyCar rental
Deutsche Lufthansa AGGermanyRegular flights
DÜRR Systems GmbHGermanySurface technology
IBM CorporationUSAIT-Services
Vodafone Group PLCGreat BritainMobile Communication and M2M Connectivity
Nvidia CorporationUSAInfotainment
LG Electronics Inc.South KoreaInfotainment
Delphi Automotive LLPUSAADAS (advanced driver assistance systems)
Mobileye Technologies LimitedIsraelADAS (advanced driver assistance systems)
Kiekert AGGermanyDoor latch
MAHLE GmbHGermanyHVAC (heating, ventilating and air conditioning)
Continental AGGermanyInstrument cluster
OSRAM Licht AGGermanyHeadlights
Witte Automotive GmbHGermanyExterior door handle
Brose Fahrzeugteile GmbH & Co. KGGermanyDoor module
Sumitomo Electric Bordnetze GmbHGermanyWiring harness
Faurecia S.A.FranceSeat structures
Faurecia S.A.FranceInstrument panel
Samvardhana Motherson PeguformGermanyDoor trim panels
Dr. Schneider Holding GmbHGermanyAir vents
Grupo AntolinSpainHeadliner
Gruppo Mastrotto S.p.a.ItalyLeather
Conceria Pasubio S.P.A.ItalyLeather
POSCOSouth KoreaFlat carbon steel
Aleris International, Inc.USAAluminium flat rolled products
ZF Friedrichshafen AGGermanyDamper (conventional)
Continental AGGermanyAdaptive cruise control
Gestamp Automoción S.A.SpainChassis subframe front
Fast-PartnerCountryField of Competence
Aisin AW Co. Ltd.JapanAutomatic transmissions
LG Electronics Inc.South KoreaHigh-voltage batteries
Valeo S.A.FranceAlternators
Tenedora Nemak, S.A. de C.V.MexicoCast aluminium crank cases
Honeywell International, Inc.USATurbo charger
Magna International Inc.CanadaAxle drives
ThyssenKrupp AGGermanyAssembled camshafts
CQLT Saargummi Technologies S.a.r.l.ChinaSealings
Bridgestone CorporationJapanTyres
Samvardhana Motherson PeguformGermanyBumpers
Bollig & Kemper GmbH & Co. KGGermanyPaint and process material
Mubea Carbo Tech GmbHGermanyCarbon fibre
Pilkington Deutschland AGGermanyGlazing
Corning Inc.USAGlazing
Coavis Co. Ltd.South KoreaFuel pumps


Categories: Battery Tech, Volkswagen

Tags: ,

Leave a Reply

10 Comments on "Volkswagen Selects LG Electronics As Battery Partner Under FAST Initiative"

newest oldest most voted

Gull Wing or Falcon Wing doors on that mock up?

This is a disappointment. Solid state batteries seem to hold promise – but manufacturing in volume is almost always the snag.

No Bosch. Maybe Bosch having to replace close to a million Restraints Control Modules wasn’t good for their reputation.

I thought that a deadline of July had been given for who VW would work with for batteries… is this it?

I don’t see QuantumScape listed… I wonder what happened to the promising solid state batteries?

This is a list of suppliers with proven track record of delivering in time and within quality requirements. These companies are important strategic partners for VW.

At the moment QuantumScape can’t be considered as a supplier. It’s more of a R&D project for VW. Whether or not VW proceeds with QuantumScape, it will take years before it hits this list. As far as I know, they don’t have production lines yet. VW won’t stop electrification while waiting. They will need supplier of conventional li-ion batteries for several years.

LG Electronics under “infotainment”.
What about LGChem which actually produces batteries ?

and High Voltage batteries too… (didn’t see it)

It would be intersting to see how LG elec and LG Chem work together

Also Nvidia on there for infotainment, probably the same processor Tesla is using to power the display.