Honoring CATL and Qualcomm alongside material suppliers, Volkswagen’s award reveals where strategic supply risk is seen The Volkswagen Group honored 11 supply chain partners at its 22nd annual Group Award, bringing together around 130 key suppliers in Wolfsburg to align with strategic priorities amid a sharp decline in the group’s 2025 operating results. The awards, presented under the slogan “WE CIRCLE”, cover battery supply, software-defined vehicle architecture, CO₂ transparency and supply chain flexibility. The group’s 2025 operating result fell to €8.9 billion (US$10.3 billion) from €19.1 billion (US$22.2 billion) in 2024; Its revenues remained generally unchanged at 321.9 billion Euros (373.4 billion USD). Volkswagen’s stated purchasing priorities include simplifying structures, strengthening supply chain flexibility and increasing transparency across the value chain. Among those honored, Contemporary Amperex Technology Co., Limited was recognized for its battery supply performance and industrialization capabilities, while Qualcomm Technologies was recognized for its contribution to software-defined vehicle architecture. Hammerer Aluminum Industries, Benteler Automobiltechnik and Leopold Kostal were each cited for supply chain flexibility, CO₂ data transparency and risk reduction. Karsten Schnake, Member of the Extended Executive Committee and Board Member Responsible for Purchasing the Volkswagen Brand, said in a statement: “Transformation only works if it happens together. The realignment of our business model is closely linked to strong and reliable partnerships: it is a common task and a shared success. The Group Award is a way to make this contribution visible and move it forward.”
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Automobile Magazine – English News
Source link 2026-06-30 18:08:00






















