Caixin
Feb 04, 2022 04:23 PM
BUSINESS

Audi Weighs Green Energy Investment in China to Slash Emissions

An Audi AG dealership in Wuhan, China, in April 2020. Photo: Bloomberg
An Audi AG dealership in Wuhan, China, in April 2020. Photo: Bloomberg

(Bloomberg) — Audi is considering investments in clean energy for sites in China where the luxury carmaker is struggling to source enough power from renewable sources to churn out hundreds of thousands of vehicles each year.

Volkswagen AG’s key earnings contributor has pledged to make its production network carbon-neutral by 2025, and has already moved plants in Belgium and Hungary onto a net-zero footprint. The task is more complex elsewhere, and particularly in China where fossil fuels remain a dominant source of power supply.

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