25 Aug '14, 10pm

Recharge Wrap-up: Audi to get LG batteries, EU considers change to emissions program

Recharge Wrap-up: Audi to get LG batteries, EU considers change to emissions program

LG Chem says it has won a bid to supply batteries for Audi . LG says the deal, worth "hundreds of millions of dollars," has them providing batteries for plug-in hybrid and micro hybrid electric vehicles. The group says it also expects to be picked for battery deals for Volkswagen Group in the future. Read more at Reuters . The EU is considering including road transport in its Emissions Trading System (ETS), which would likely lead to heated debate between environmental groups and big business. Automakers would welcome the cost reductions involved with the inclusions, while environmental groups feel it would give car companies leverage to compel lawmakers to weaken restrictions on greenhouse gas emissions. Analysts believe that including transport in the ETS would have little effect on carbon prices, as lawmakers would likely raise the emissions cap to accommodate the secto...

Full article: http://green.autoblog.com/2014/08/25/audi-to-get-lg-batte...

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Greenpeace

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