Remove Audi Remove Automobile Remove Companies Remove Fully Electric
article thumbnail

Audi increases upfront expenditure for electric mobility; €12B by 2024

Green Car Congress

Audi AG plans an outlay of approximately €37 billion for research and development expenditure and investment in property, plant and equipment over the next five years (2020 to 2024). The manufacturer is planning an upfront expenditure of €12 billion solely for electric mobility—more than ever before. —Alexander Seitz.

Audi 199
article thumbnail

Audi showcasing four battery-electric models at Geneva: e-tron, e-tron Sportback, Q2 L e-tron, Q4 e-tron

Green Car Congress

At the 2019 Geneva Motor Show, Audi is showing four battery-electric drive vehicles, the series versions of which will celebrate their premiere by the end of 2020. The first member of the new quartet of battery-electric vehicles, the Audi e-tron, will be supplied to customers soon. Audi e-tron GT concept.

Audi 246
article thumbnail

Audi will phase out gas engines by 2033, reversing past stance of CEO

Teslarati

Audi will now phase out gas engines by the year 2033, CEO Markus Duesmann announced at the Berlin Climate Conference earlier today. Duesmann said that “Audi is ready to make its decisive and powerful move into the electric age,” finally accepting the challenge of ditching gas engines for electric ones.

Audi 123
article thumbnail

Audis e-tron quattro EV: evolutionary powertrain with a dash of revolution for production in 2018; MLB evo

Green Car Congress

Audi’s e-tron quattro battery-electric SUV concept, which made its formal debut at IAA in Frankfurt ( earlier post ), is a strong indicator of Audi’s series-production electric SUV due in 2018—especially in terms of the powertrain. Audi has several development models already on the road. Audi's MLB.

Audi 150
article thumbnail

Volkswagen AG to launch 30 new cars globally in 2024 to battle slowdown hurdle

Baua Electric

Read more Volkswagen AG is planning to launch a product offensive of 30 new cars including both electric and ICE vehicles, in an attempt to offset the gloomy growth outlook. The German automobile giant expects its passenger vehicle sales in this year to grow just three per cent, sharply down from 2023. lakh units in 2023.

Global 52
article thumbnail

Volvo Ending Sedan/Wagon Sales in UK, Could North America Be Next?

The Truth About Cars

The company has said its sales volume has skewed so heavily toward SUVs and crossovers that it doesn’t make good sense to offer anything else. Like many brands, it has promised to prioritize all-electric vehicles under the assumption that they’ll make more money and be subject to less scrutiny from overzealous government regulators.

article thumbnail

Porsche leaving FIA WEC LMP1, entering Formula E

Green Car Congress

Porsche is now the fourth German OEM to realign its motorsport strategy this year to enter Formula E, following Audi ( earlier post ), BMW ( earlier post ) and Mercedes-Benz ( earlier post ). Formula E is the world’s first purely electric racing series and was launched on 13 September 2014.

Porsche 150