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
King Crab Mode: Now With 100% More Sideways Shenanigans The 2026 GMC HUMMER EV introduces King Crab Mode — an upgraded off-road feature that enhances agility. Unlike the previous Crab Walk, this new mode allows rear… Continue reading
Toyota has expanded its battery-electric lineup in Japan with the Toyota bZ4X Touring, a larger, more utility-focused evolution of the standard bZ4X. The formula looks simple on paper: stretch the body, open up the cargo area, tune the… Continue reading
Skoda has announced the launch of a full-electric version of its Citigo. The Citigo EV will have a maximum range of 300 km (186 miles) and will be called Citigo E. First rumors about an Skoda electric city car were from a… Continue reading
