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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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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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Cadillac’s ambitious move to an all-electric luxury brand by 2030

Charged EVs

Among cutting-edge automotive buyers—the glitterati of Los Angeles, the tech millionaires of Silicon Valley, the finance titans of Wall Street—only one Cadillac is widely recognized. In July, GM unveiled the Celestiq concept to the world—and confirmed very low-volume production to start in model year 2025.

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Pike Research makes 10 electric vehicle predictions for 2013

Green Car Congress

Sales of e-bikes in North America will grow by more than 50% in 2013 to more than 158,000 bikes, Pike forecasts. Battery swapping gives way to battery financing. The concept of battery swapping “ will fade further into the rearview mirror in 2013 ,” Pike predicts. E-bikes surge. million units during that year.

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