Mexican Media Brands
Audi Aims for 800,000 Sales of EVs, Hybrids in 2025
Audi AG hopes to hike annual sales of plug-in hybrid and all-electric vehicles to 800,000 units—roughly one-third of its overall sales—in 2025.
#hybrid
Share
Audi AG hopes to hike annual sales of plug-in hybrid and all-electric vehicles to 800,000 units—roughly one-third of its overall sales—in 2025.
The unit of Volkswagen AG also says it will introduce 22 such models by then, up from the 20 it mentioned last autumn. The company expects to spend €40 billion ($47 billion) on electrification and autonomous driving systems.
Audi sold about 16,000 hybrid cars last year. The first of its all-electric vehicles, a midsize crossover, will go into production in Belgium later this year.
The company also predicts it will generate a record operating profit of €1 billion ($1.2 billion) by 2025. Audi figures much of the gain will come from new consumer services that tap vehicle data.
RELATED CONTENT
-
Aluminum Sheet for EV Battery Enclosure
As the number of electric vehicles (EVs) is about to increase almost exponentially, aluminum supplier Novelis is preparing to provide customers with protective solutions
-
2019 Honda Insight
One of the things that rarely gets the amount of attention that it should in a typical “car review” is the fact that for a considerable amount of time drivers are not “getting on the throttle” because for a considerable number of drivers, they’re “dwelling on the binders,” a.k.a., sitting with their foot depressed on the brakes, perhaps lifting every now and then in order to nudge forward in traffic.
-
What the VW ID. BUGGY Indicates
Volkswagen will be presenting a concept, the ID. BUGGY, a contemporary take on a dune buggy, based on the MEB electric platform that the company will be using for a wide array of production vehicles, at the International Geneva Motor Show.