South Korean high-tech companies LG Chem and Samsung SDI, will invest in European battery cell production for Audi’s electric car.
Audi will develop the battery for a purely electrically powered sport utility vehicle on the basis of powerful cell modules from the South Korean suppliers LG Chem and Samsung SDI. The two Audi partners plan to invest in the cell technology in Europe and will supply the Ingolstadt-based car producer from their European plants. The new technology will give drivers of the Audi sport utility vehicle a range of more than 500 kilometers.
Dr. Bernd Martens, Member of the Board of Management of AUDI AG for Procurement, said:
“Together with our South Korean development partners, we are bringing production of the latest battery-cell technology to the EU and strengthening European industry with this key technology. This will allow us to supply a technological solution that makes electric cars even more attractive for our customers.”
Prof. Dr. Ulrich Hackenberg, Member of the Board of Management of AUDI AG for Development, said:
“With our first battery-electric Audi-SUV, we are combining an emission-free drive system with driving pleasure. We will optimally integrate the innovative cell modules developed with LG Chem and Samsung SDI into our vehicle architecture, thus achieving an attractive overall package of sportiness and range.”