Mexican Media Brands
Audi Making Big Commitment to Advanced Mobility
About one-third of Audi AG’s research and development budget will be allocated to automated vehicle technologies, electric cars and digital services through 2025.
#hybrid
Share
About one-third of Audi AG’s research and development budget will be allocated to automated vehicle technologies, electric cars and digital services through 2025.
The plan is expected to be outlined by CEO Rupert Stadler in a private meeting with 2,000 managers on Wednesday, according to reports by Handelsblatt and Reuters. Audi declined to comment.
Citing unnamed company sources, Reuters says Audi will consolidate its traditional engine and transmission offerings with less variance between countries to offset the increased spending on the new programs.
Last year Audi sold a record 1.8 million vehicles worldwide, and its overall r&d tab totaled €4.2 billion ($4.7 billion). The brand expects about 25% of its sales to come from EVs by 2025, according to media reports.
Audi currently sells an all-electric version of its R8 supercar. It also is developing an electric crossover vehicle based on last year’s e-tron quattro concept and expects to introduce the car in 2018.
Audi’s new plan is in line with the one announced by parent Volkswagen AG last month. As part of its “Together-Strategy 2025,” VW aims to introduce more than 30 EVs across its brands. The group also is forming a new mobility solutions business to develop and acquire ride-hailing, car-sharing and transportation-on-demand services.
RELATED CONTENT
-
Will Alcraft Take Off?
“British electric vehicle start-up Alcraft Motor Company has revealed details of its first car, the high-performance Alcraft GT.
-
On Military Trucks, Euro Car Sales, Mazda Drops and More
Did you know Mack is making military dump trucks from commercial vehicles or that Ford tied with Daimler in Euro vehicle sales or the Mazda6 is soon to be a thing of the past or Alexa can be more readily integrated or about Honda’s new EV strategy? All that and more are found here.
-
FCA Opens the Door to The Future
FCA introduced a high-tech concept vehicle today, the Chrysler Portal, at the event previously known as the “Consumer Electronics Show,” now simply CES.