article thumbnail

Audi introduces R33 Blue Gasoline for factory fills in Germany

Green Car Congress

Many new vehicles that leave the Audi plants in Germany are delivered with R33 fuel—a blend comprising one-third renewable components. Audi plants’ filling stations transitioned to R33 Blue Diesel ( earlier post ) last year; Audi has now introduced the gasoline counterpart, R33 Blue Gasoline.

Gasoline 492
article thumbnail

Volkswagen Group investing $700M in XPENG for 5% stake, VW EV development; Audi jointly developing EVs with SAIC

Green Car Congress

The Volkswagen Group is strengthening its position on the Chinese automotive market with cooperations between the VW brand and XPENG and between Audi and SAIC. —Stefan Mecha, CEO VW Brand Region China Audi has signed a strategic memorandum with its Chinese joint venture partner SAIC to further expand existing cooperation.

Audi 282
article thumbnail

Audi increases budget for electromobility up to 2025; €10B for electromobility, €5B for hybridization

Green Car Congress

AUDI AG plans a total investment of approximately €35 billion, in spite of a difficult business environment, to 2025. Audi has earmarked approximately €15 billion for electromobility and hybridization, thus underlining the key importance of its electro-roadmap. We are providing Audi with the necessary resources for this.

Audi 261
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 Audi Transformation Plan (ATP), launched two years ago, is freeing up the necessary funds. —Alexander Seitz.

Audi 199
article thumbnail

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.

Audi 275
article thumbnail

Capgemini and Audi launch XL2 joint venture to support digital transformation of auto industry

Green Car Congress

Capgemini and Audi have launched a joint venture: XL2. It will provide digital technology and consulting services, specifically in the fields of SAP S/4HANA and cloud services primarily for Audi and the entire Volkswagen Group. XL2 was founded by Audi and Capgemini to support the automotive industry in digital transformation tasks.

Audi 186
article thumbnail

Europe’s Most Financed Luxury Car Brand

EV Info

Latest research from Specialist Car Finance Experts, Forza Finance , has revealed that BMW is the most popular luxury car brand to finance in 16 of Europe’s 44 countries including the UK & Ireland based on finance rather than sales or units. Audi is 5th place with 2 countries. Methodology.