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Audi to invest ~€14B in electromobility, digitalization and autonomous driving over next 5 years

Green Car Congress

Audi plans to spend approximately €14 billion (US$15.9 With models such as the recently presented Audi e-tron GT concept [ earlier post ], we want to electrify people again for Audi and at the same time be an agile and very efficient company.” —Bram Schot, temporary Chairman of the Board of Management of Audi AG.

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“Project Volt Gas Volt” proposes long-term financing plan to support widespread implementation of power-to-gas systems

Green Car Congress

Project Volt Gas Volt is based on a long-term financing plan and the use of existing technologies for the large-scale conversion of surplus renewable electricity to methane, with subsequent reuse. The concept is the same embodied in Audi’s e-gas project ( earlier post ), to which the VGV proposal makes continued reference.

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Audi plans almost €22-billion investment through 2018; targeting 2M annual deliveries

Green Car Congress

Between 2014 and 2018, Audi will invest a total of around €22 billion (US$30 billion) into new models, innovations and the continuous expansion of the worldwide production network. To achieve its goal of two million deliveries per year, Audi wants to expand its product range from the current 49 models to 60 different models by 2020.

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Audi unveils e-gas project: synthetic methane from the methanation of green hydrogen; series production of CNG models in 2013 powered by e-gas

Green Car Congress

Audi A3 TCNG for e-gas project. Starting in 2013, Audi will begin series production of TCNG models whose engines—derived from TFSI units—will be powered by e-gas: synthetic methane produced via the methanation of hydrogen produced by electrolysis using renewable electricity. Click to enlarge.

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Global Bioenergies reports successful production of isobutene by fermentation in industrial pilot

Green Car Congress

Audi partner Global Bioenergies (GBE) has successfully carried out its first isobutene production trial at its industrial pilot site in Pomacle-Bazancourt. These samples will then be shipped to various partners, such as Audi with whom Global Bioenergies has signed collaboration agreements. Earlier post.).

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Hyundai to launch a new rugged off-road IONIQ 5 XRT model in the US

Baua Electric

2024 Hyundai IONIQ 5 (Source: Hyundai) The 2024 IONIQ 5 starts at $41,800 in the US, but Hyundai has introduced significant incentives , including a $7,500 EV lease bonus and rare 0% APR Financing. The R3X design was inspired by iconic rally cars of the past, like Audi and Lancia, with a modern spin.

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Member of Swiss National Councils fills up with sunfire solar diesel to call attention to need for regulatory reform

Green Car Congress

In an event in Bern, Switzerland, Swiss National Council member and president of the Clean Fuel Now initiative Thomas Böhni filled up his Audi A2 with 100% synthetic diesel (Audi e-diesel) produced by sunfire GmbH to draw attention to the need to remove what he terms unjustified Swiss restrictions on synthetic fuels. Earlier post.).

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