diff --git a/src/components/chip/ChipGroup.js b/src/components/chip/ChipGroup.js
index e32e4573..60b36006 100644
--- a/src/components/chip/ChipGroup.js
+++ b/src/components/chip/ChipGroup.js
@@ -55,7 +55,24 @@ export class LeuChipGroup extends LeuElement {
   }
 
   get value() {
-    return this.items.filter((i) => i.selected).map((i) => i.value)
+    return this.items.filter((i) => i.checked).map((i) => i.value)
+  }
+
+  /**
+   * Checks the items with the given values.
+   * If the selectionMode is single, only the first item with the given value is checked.
+   * @param {string[]} valueList
+   */
+  set value(valueList) {
+    let hasChanged = false
+
+    for (const item of this.items) {
+      item.checked = hasChanged ? false : valueList.includes(item.value)
+
+      if (this.selectionMode === SELECTION_MODES.single && item.checked) {
+        hasChanged = true
+      }
+    }
   }
 
   /**
@@ -78,7 +95,7 @@ export class LeuChipGroup extends LeuElement {
   handleInput = (e) => {
     if (this.selectionMode === SELECTION_MODES.single) {
       this.items.forEach((item) => {
-        item.selected = item === e.target // eslint-disable-line no-param-reassign
+        item.checked = item === e.target // eslint-disable-line no-param-reassign
       })
     }
   }
diff --git a/src/components/chip/ChipSelectable.js b/src/components/chip/ChipSelectable.js
index c01c6547..03262d12 100644
--- a/src/components/chip/ChipSelectable.js
+++ b/src/components/chip/ChipSelectable.js
@@ -18,6 +18,8 @@ export const VARIANTS = {
  * @slot - The content of the chip
  * @prop {keyof typeof SIZES} size - The size of the chip. Not supported for radio variant.
  * @prop {keyof typeof VARIANTS} variant - `toggle` or `radio`. Determines if only one or multiple chips can be selected.
+ * @prop {boolean} checked - Whether the chip is selected.
+ * @prop {string} value - The value of the chip.
  */
 export class LeuChipSelectable extends LeuChipBase {
   static properties = {
@@ -25,7 +27,7 @@ export class LeuChipSelectable extends LeuChipBase {
     size: { type: String, reflect: true },
     variant: { type: String, reflect: true },
 
-    selected: { type: Boolean, reflect: true },
+    checked: { type: Boolean, reflect: true },
     value: { type: String, reflect: true },
   }
 
@@ -40,7 +42,7 @@ export class LeuChipSelectable extends LeuChipBase {
      * @default "toggle"
      */
     this.variant = VARIANTS.toggle
-    this.selected = false
+    this.checked = false
 
     if (this.variant === VARIANTS.radio && this.size === SIZES.small) {
       console.warn("Small size has no effect on radio variant")
@@ -48,19 +50,19 @@ export class LeuChipSelectable extends LeuChipBase {
   }
 
   handleClick() {
-    let nextSelectedState = this.selected
+    let nextcheckedState = this.checked
 
     if (this.variant === VARIANTS.radio) {
-      nextSelectedState = true
+      nextcheckedState = true
     } else {
-      nextSelectedState = !this.selected
+      nextcheckedState = !this.checked
     }
 
-    if (nextSelectedState !== this.selected) {
-      this.selected = nextSelectedState
+    if (nextcheckedState !== this.checked) {
+      this.checked = nextcheckedState
       this.dispatchEvent(
         new CustomEvent("input", {
-          detail: { selected: this.selected },
+          detail: { checked: this.checked },
           bubbles: true,
           composed: true,
         })
@@ -70,9 +72,9 @@ export class LeuChipSelectable extends LeuChipBase {
 
   render() {
     return html`<button
-      @click=${(e) => this.handleClick(e)}
+      @click=${() => this.handleClick()}
       class="button"
-      aria-pressed=${this.selected ? "true" : "false"}
+      aria-pressed=${this.checked ? "true" : "false"}
     >
       <span class="label"><slot></slot></span>
     </button>`
diff --git a/src/components/chip/chip.css b/src/components/chip/chip.css
index 0c46da4e..a52c45db 100644
--- a/src/components/chip/chip.css
+++ b/src/components/chip/chip.css
@@ -8,17 +8,17 @@
 :host {
   --chip-background-color-default: var(--leu-color-black-transp-10);
   --chip-background-color-hover: var(--leu-color-black-transp-20);
-  --chip-background-color-selected: var(--leu-color-black-100);
-  --chip-background-color-selected-hover: var(--leu-color-black-transp-80);
+  --chip-background-color-checked: var(--leu-color-black-100);
+  --chip-background-color-checked-hover: var(--leu-color-black-transp-80);
 
   --chip-color-default: var(--leu-color-black-transp-60);
   --chip-color-hover: var(--leu-color-black-100);
-  --chip-color-selected: var(--leu-color-black-0);
+  --chip-color-checked: var(--leu-color-black-0);
 
   --chip-radio-border-default: var(--leu-color-black-transp-40);
-  --chip-radio-border-selected: var(--leu-color-black-0);
+  --chip-radio-border-checked: var(--leu-color-black-0);
   --chip-radio-background-default: var(--leu-color-black-0);
-  --chip-radio-background-selected: var(--leu-color-func-cyan);
+  --chip-radio-background-checked: var(--leu-color-func-cyan);
 
   --chip-font-regular: var(--leu-font-family-regular);
   --chip-font-black: var(--leu-font-family-black);
@@ -42,14 +42,14 @@
 
   --chip-color-default: var(--leu-color-black-0);
   --chip-color-hover: var(--leu-color-black-0);
-  --chip-color-selected: var(--leu-color-black-0);
+  --chip-color-checked: var(--leu-color-black-0);
 }
 
-:host([selected]) {
-  --chip-background-color: var(--chip-background-color-selected);
-  --chip-color: var(--chip-color-selected);
-  --chip-radio-border: var(--chip-radio-border-selected);
-  --chip-radio-background: var(--chip-radio-background-selected);
+:host([checked]) {
+  --chip-background-color: var(--chip-background-color-checked);
+  --chip-color: var(--chip-color-checked);
+  --chip-radio-border: var(--chip-radio-border-checked);
+  --chip-radio-background: var(--chip-radio-background-checked);
 }
 
 .button {
@@ -95,10 +95,10 @@
   text-decoration: none;
 }
 
-:host([selected]) .button:hover,
-:host([selected]) .button:focus-visible {
-  --chip-background-color: var(--chip-background-color-selected-hover);
-  --chip-color: var(--chip-color-selected);
+:host([checked]) .button:hover,
+:host([checked]) .button:focus-visible {
+  --chip-background-color: var(--chip-background-color-checked-hover);
+  --chip-color: var(--chip-color-checked);
 }
 
 :host([href][size="large"]) .button {
@@ -126,7 +126,7 @@
   border-radius: 50%;
 }
 
-:host([variant="radio"][selected]) .button::before {
+:host([variant="radio"][checked]) .button::before {
   border-width: 3px;
 }
 
diff --git a/src/components/chip/stories/chip-group.stories.js b/src/components/chip/stories/chip-group.stories.js
index 45a83536..30d0215d 100644
--- a/src/components/chip/stories/chip-group.stories.js
+++ b/src/components/chip/stories/chip-group.stories.js
@@ -95,7 +95,8 @@ function DefaultTemplate(args) {
   const content = html`
     ${chips.map(
       (chip) => html`
-        <leu-chip-removable ?inverted=${args.inverted} label=${chip}>
+        <leu-chip-removable ?inverted=${args.inverted}>
+          ${chip}
         </leu-chip-removable>
       `
     )}
@@ -112,8 +113,8 @@ function SingleTemplate(args) {
           ?inverted=${args.inverted}
           variant=${SELECTABLE_VARIANTS.radio}
           value="chip-${chip}"
-          label=${chip}
         >
+          ${chip}
         </leu-chip-selectable>
       `
     )}
@@ -126,11 +127,8 @@ function MultipleTemplate(args) {
   const content = html`
     ${chips.map(
       (chip) => html`
-        <leu-chip-selectable
-          ?inverted=${args.inverted}
-          value="chip-${chip}"
-          label=${chip}
-        >
+        <leu-chip-selectable ?inverted=${args.inverted} value="chip-${chip}">
+          ${chip}
         </leu-chip-selectable>
       `
     )}
@@ -143,8 +141,7 @@ function LabeledTemplate(args) {
   const content = html`
     ${links.map(
       (chip) => html`
-        <leu-chip-link ?inverted=${args.inverted} label=${chip}>
-        </leu-chip-link>
+        <leu-chip-link ?inverted=${args.inverted}> ${chip} </leu-chip-link>
       `
     )}
   `
diff --git a/src/components/chip/stories/chip-selectable.stories.js b/src/components/chip/stories/chip-selectable.stories.js
index 9898d09a..8bb5847f 100644
--- a/src/components/chip/stories/chip-selectable.stories.js
+++ b/src/components/chip/stories/chip-selectable.stories.js
@@ -38,7 +38,7 @@ function Template(args) {
       <leu-chip-selectable
         size=${ifDefined(args.size)}
         variant=${ifDefined(args.variant)}
-        ?selected=${args.selected}
+        ?checked=${args.checked}
         ?inverted=${args.inverted}
         >${args.label}</leu-chip-selectable
       >
diff --git a/src/components/chip/test/chip-group.test.js b/src/components/chip/test/chip-group.test.js
index e210c468..8b812969 100644
--- a/src/components/chip/test/chip-group.test.js
+++ b/src/components/chip/test/chip-group.test.js
@@ -106,4 +106,71 @@ describe("LeuChipGroup", () => {
 
     await expect(event).to.exist
   })
+
+  it("checks only chip when the value of the group is set (selection-mode=single)", async () => {
+    const el = await singleSelectionFixture()
+
+    expect(el.items[0].checked).to.be.false
+    expect(el.items[1].checked).to.be.false
+    expect(el.items[2].checked).to.be.false
+
+    el.value = ["2"]
+
+    expect(el.items[0].checked).to.be.false
+    expect(el.items[1].checked).to.be.true
+    expect(el.items[2].checked).to.be.false
+
+    // Should check the first item with the given value and not first item of the value list
+    el.value = ["2", "1"]
+
+    expect(el.items[0].checked).to.be.true
+    expect(el.items[1].checked).to.be.false
+
+    el.value = []
+
+    expect(el.items[0].checked).to.be.false
+    expect(el.items[1].checked).to.be.false
+    expect(el.items[2].checked).to.be.false
+
+    el.value = ["asdf"]
+
+    expect(el.items[0].checked).to.be.false
+    expect(el.items[1].checked).to.be.false
+    expect(el.items[2].checked).to.be.false
+    expect(el.value).to.deep.equal([])
+  })
+
+  it("checks chips when the value of the group is set (selection-mode=multiple)", async () => {
+    const el = await multipleSelectionFixture()
+
+    expect(el.items[0].checked).to.be.false
+    expect(el.items[1].checked).to.be.false
+    expect(el.items[2].checked).to.be.false
+
+    el.value = ["2"]
+
+    expect(el.items[0].checked).to.be.false
+    expect(el.items[1].checked).to.be.true
+    expect(el.items[2].checked).to.be.false
+
+    // Should check the first item with the given value and not first item of the value list
+    el.value = ["2", "1"]
+
+    expect(el.items[0].checked).to.be.true
+    expect(el.items[1].checked).to.be.true
+    expect(el.items[2].checked).to.be.false
+
+    el.value = []
+
+    expect(el.items[0].checked).to.be.false
+    expect(el.items[1].checked).to.be.false
+    expect(el.items[2].checked).to.be.false
+
+    el.value = ["asdf"]
+
+    expect(el.items[0].checked).to.be.false
+    expect(el.items[1].checked).to.be.false
+    expect(el.items[2].checked).to.be.false
+    expect(el.value).to.deep.equal([])
+  })
 })
diff --git a/src/components/chip/test/chip-selectable.test.js b/src/components/chip/test/chip-selectable.test.js
index 47c3acc6..29eec3d8 100644
--- a/src/components/chip/test/chip-selectable.test.js
+++ b/src/components/chip/test/chip-selectable.test.js
@@ -11,7 +11,7 @@ async function defaultFixture(args = {}) {
       <leu-chip-selectable
         value="Publikationen"
         variant=${ifDefined(args.variant)}
-        ?selected=${args.selected}
+        ?checked=${args.checked}
         >Publikationen</leu-chip-selectable
       >
     `
@@ -73,21 +73,21 @@ describe("LeuChipSelectable", () => {
     expect(event).to.exist
   })
 
-  it("removes the selected state when the button is clicked", async () => {
-    const el = await defaultFixture({ selected: true })
+  it("removes the checked state when the button is clicked", async () => {
+    const el = await defaultFixture({ checked: true })
     const button = el.shadowRoot.querySelector("button")
 
     button.click()
 
-    expect(el.selected).to.be.false
+    expect(el.checked).to.be.false
   })
 
-  it("doesn't remove the selected state of a selected radio chip", async () => {
-    const el = await defaultFixture({ variant: "radio", selected: true })
+  it("doesn't remove the checked state of a checked radio chip", async () => {
+    const el = await defaultFixture({ variant: "radio", checked: true })
 
     const button = el.shadowRoot.querySelector("button")
     button.click()
 
-    expect(el.selected).to.be.true
+    expect(el.checked).to.be.true
   })
 })