Hartmann Reederei designs new type of ethane-fueled LEG carrier; 3 on order with 2016 delivery
Texas CNG, LNG motor fuel sales double FY 2014 estimate

LG Chem says it has won a major Li-ion battery contract from Audi

Reuters reports that South Korea’s LG Chem said on Wednesday that it had won an order from Audi to supply batteries for plug-in hybrid and micro-hybrid electric vehicles.

According to Reuters, LG Chem said the deal was “worth hundreds of millions of dollars” but declined to give further details. The company also said it expected to win more such orders from Audi parent Volkswagen AG the future.

Currently, the Volkswagen Group’s Volkswagen brand is sourcing batteries for its plug-in vehicles from Panasonic. (Earlier post.)

Comments

Verify your Comment

Previewing your Comment

This is only a preview. Your comment has not yet been posted.

Working...
Your comment could not be posted. Error type:
Your comment has been posted. Post another comment

The letters and numbers you entered did not match the image. Please try again.

As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.

Having trouble reading this image? View an alternate.

Working...

Post a comment

Your Information

(Name is required. Email address will not be displayed with the comment.)