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Audi boosting investments in future vehicle projects to 2026 to €37B, €18B for electrification and hybridization alone

Green Car Congress

With its investment planning for the next five years, Audi is accelerating the transition toward becoming a provider of networked and sustainable premium mobility. Of this, Audi is earmarking about €18 billion for electrification and hybridization alone, thereby emphasizing its clear commitment to electromobility.

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Navigant Research forecasts plug-ins will be 2.4% of global new vehicle sales by 2023; luxury brands to represent about 50% of that

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Navigant Research forecasts that plug-in EVs (which include plug-in hybrids and battery EVs), will represent 2.4% of total worldwide light-duty vehicle sales by 2023, or about 2.5 Accordingly, Navigant expects this luxury brand push to increase global sales of plug-in EVs significantly in the near term. million units.

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Audi banking on Gen 2 3.0L TDI diesel for US sales; calls for a “fair shot” for diesel

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Audi''s Gen 2 3.0L Audi of America introduced four new TDI clean diesel models for the US market this year—the Audi A8, A7, A6, Q5—along with an updated Q7 TDI, all equipped with a second-generation 3.0L TDI clean diesel represents almost 25% of Audi and Volkswagen US sales. Click to enlarge.

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Navigant now forecasting slower growth for 48V systems

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In January 2014, Navigant Research forecast a slow start through the end of this decade but then a quick ramp from 2020 to 2023 for light-duty vehicles with 48V electrical subsystems, with sales reaching nearly 13.5 2014 forecast. 2014 forecast. 2015 forecast. million worldwide by 2023. Earlier post.)

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Navigant Research forecasts new EV global sales of > 346,000 units in 2014; 10 predictions for the year

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Broadly, Navigant expects expansion in both the higher end of the market (thereby putting competitive pressure on Tesla Motors), as Audi, BMW, Cadillac, Mercedes, Saab, and Volvo introduce their first plug-in cars. The requirement has been extended through 2025; however, the mandated sales levels are not likely to be met, Navigant notes.

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Electric car sales remain low in the UK

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share of new sales in January, flat from 20.4% Full electrics grew slightly whilst plugin hybrids shrank. plugin hybrids (PHEVs). plugin hybrids (PHEVs). The good news is that flatness or decline is mostly due to falling PHEV sales (stemming from incentive cuts), whilst the performance of BEVs has been more resilient.

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Tesla Model Y continues to lead auto sales in Norway

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The slight dent in share came from a drop in plugin hybrid volume, against overall market growth. Overall auto volume was 19,366 units, up some 19% YoY, and the highest March sales since at least 2016 (though compensating from a hangover earlier in Q1). plugin hybrids. March’s combined plugin result of 91.1% comprised 86.8%

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