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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. The China-specific vehicles will supplement the MEB product portfolio and are to be rolled out in 2026 in China. This step marks the systematic continuation of this plan.

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Volkswagen AG to place Audi at the head of Volkswagen Group R&D

Green Car Congress

Volkswagen AG will strengthen Audi’s role within the Group. With Markus Duesmann as the new CEO, Audi will take the lead for research & development within the brand alliance. Herbert Diess, Chairman of the Board of Management of Volkswagen AG and Chairman of the Supervisory Board of AUDI AG. —Audi CEO Bram Schot.

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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.

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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.

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Audi teases sporty new e-tron GT with Porsche Taycan Turbo power

Baua Electric

The new Audi e-tron GT is gearing up for its debut as prototypes begin hitting the streets for testing. Audi’s refreshed e-tron GT is expected to pull upgrades from the new Porsche Taycan Turbo. Shortly after, Porsche introduced the 1,092 hp Taycan Turbo GT , its fastest street-legal vehicle of all time, with a 0 to 60 mph sprint in 2.1

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DTM trialing lower-carbon high-performance racing fuel with Audi and Aston Martin

Green Car Congress

This fuel will be evaluated at Hockenheim by Audi and Aston Martin in the race-taxis used during the weekend support program for competition winners, VIPs and prominent guests for unique, high-speed passenger rides. —Ulrich Baretzky, Head of Engine Development at Audi Motorsport. earlier post ). TFSI DTM 2019.

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Audi offering free emissions software upgrade for up to 850,000 diesels

Green Car Congress

Audi is offering its customers in Europe and other markets—outside of the US and Canada—a retrofit program for cars with EU5 and EU6 diesel engines. This will further improve their emissions in real driving conditions beyond the current legal requirements. Earlier post.).

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