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 Chinese electric car startup Aiways will accept pre-orders from European customers for its fully electric SUV U5 from the end of August. Aiways plans to announce the European pre-sale markets and the required down payment later. The notice speaks of a "… Continue reading
Lucid Motors, an electric vehicle company based in the United States, is eyeing the European market with its Lucid Air electric sedan. Consumers in Germany will receive the brand's first product first, but customers in Austria and Switzerland… Continue reading
Audi has included in its price lists the new Audi e-tron Sportback , which was officially quick just a few weeks ago at the Los Angeles Auto Show. It starts at 75,400 euros. Expected for the first half of 2020, the latest brand of the… Continue reading
