10 May '18, 3pm

Audi invests heavily in 20 electrified cars by 2025

2019 Audi e-tron prototype Enlarge Photo At its annual meeting Wednesday, Audi announced an ambitious plan to build 20 new electrified cars by 2025, most of them battery electrics,. The company says it will invest $47.6 billion (40 billion euros) into these electrified cars, a new app platform for its cars, a new fleet of autonomous vehicles to be launched in 2021, and into creating sustainable factories. Audi said the investment represents about two years of revenue for the company. As a first step, the company announced that it will reveal the production version of its new e-tron electric SUV on Aug. 30. It is reported to have a 300-mile range and slots between the size of the current Q5 and Q7. It will roll out with among the fastest charging capability of any car on the market. 2019 Audi e-tron prototype Enlarge Photo In 2020, Audi also plans to introduce a high-perfor...

Full article: https://www.greencarreports.com/news/1116673_audi-invests...

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