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

Green Car Congress

—Alexander Seitz, Board of Management Member for Finance, China and Legal Affairs at Audi AG. “. By 2025, the Audi Group intends to have more than 30 electrified models in its product range, 20 of which will be fully electric. Those appointments will be made on the principle of internal before external candidates.

Audi 199
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Volkswagen AG to launch 30 new cars globally in 2024 to battle slowdown hurdle

Baua Electric

The German automobile giant expects its passenger vehicle sales in this year to grow just three per cent, sharply down from 2023. Volkswagen’s finance chief Arno Anlitz has revealed that the OEM’s deliveries to customers rose 12 per cent to 92.4 lakh units in 2023. It recently launched the Volkswagen ID.7

Global 52
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Is Your Dealership Ready for EV Buyers?

Blink Charging

In the automotive industry, the most obvious shift happening right now is from gasoline- and diesel-powered engines to fully electric motors. But, making the shift from selling primarily internal combustion engine (ICE) vehicles to electric vehicles (EVs) isn’t just a matter of replacing one set of inventory with the other.

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Can Electric Vehicles Speed Up As The Economy Slows Down?

Wallbox

Furthermore, a BCG report from earlier this year even predicted EV sales to overtake internal combustion engine (ICE) car sales by 2030. It’s clear electric cars were on the rise up until the outbreak, but how is the current situation with full-scale lockdowns around the world affecting this trend now?

Economy 52