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
More than a week ago, a terrible event in which a 49-year-old woman lost her life after being run over by an autonomous test car by the Uber company in Tempe, Arizona, triggered discussions about autonomous driving . Both Uber and Toyota… Continue reading
Five years ago, Edwin Van Ruimbeke, an engineer from France, successfully raised funds for his ornithopter, a remote-controlled model capable of flying, flapping its wings, just like a real bird. Now he, inspired by the study of flying insects, he presents… Continue reading
According to the German Handelsblatt publication, the new Volkswagen small-class electric cars will be produced at the plant in Bratislava, the capital of Slovakia. This is the same factory where VW Up, Skoda Citigo and SEAT Mii are currently… Continue reading
