The automaker Audi plans to spend almost half of its investments on electric and hybrid vehicles in the next five years. Audi announced that of the planned research and development work and investments in fixed assets amounting to 35 billion euros, 10 billion euros are allocated for electric cars and five billion euros for hybrids.
Audi's parent company Volkswagen announced in mid-November that it would enter the race with Tesla for the leading role in electromobility with a huge budget of 73 billion euros. In the next five years, the world's largest car manufacturer is investing 35 billion euros in new electric cars.
Markus Duesmann, Audi boss, want to convert Volkswagen into a mobility group that offers digital services in addition to electric vehicles and self-driving cars. Audi is to develop a cross-brand premium electric platform together with Porsche and at the same time use the group technology of the modular electrification kit (MEB).
Audi plans to expand its e-cars portfolio to around 30 models by 2025, around 20 of which are battery-powered vehicles.
In recent months, the framework conditions for a quick ramp-up of electromobility have deteriorated dramatically due to a shift in interest rates, inflation, and growing costs for batteries, automobiles, and electricity. According to the… Continue reading
The German automobile brand Volkswagen has started installing electric vehicle charging points in its German factories, a process through which it will launch 4,000 posts at its plants until 2025, the company said in a statement. The first 60… Continue reading
After the success of the Enyaq iV, Skoda is expanding its series with an elegant electric coupe. The Skoda Enyaq Coupe iV has an even more emotive design and, despite its sporty lines, offers plenty of space and a luggage… Continue reading
A new era of sustainable performance driving has arrived in Europe with the commencement of customer deliveries for the highly anticipated Polestar 4 electric SUV coupe. This marks a significant milestone for… Continue reading
