Vehicle construction: Audi increases investments in electromobility

Vehicle construction: Audi increases investments in electromobility

The automobile manufacturer Audi intends to increase spending on research, development and capital investments to a total of 37 billion euros by 2026.

Audi plans to invest around 18 billion euros in the electrification of its cars by 2026. CFO Jürgen Rittersberger said the focus in the next five years will be on the product offensive of fully and partially electric models.

Audi plans to increase spending on research, development and capital investments to a total of 37 billion euros by 2026.

The VW Group had previously announced that it would increase its spending on the global plant network and new technologies in the five-year cycle to 159 billion euros. The Ingolstadt subsidiary Audi wants to have more than 20 fully electric models on offer by 2025 and phasing out combustion engines from 2033. In 2030, the company plans to deliver 3 million cars a year, up from 1.7 million last year.

60,000 people still work for Audi in Germany. The VW subsidiary decided at the end of 2019 to cut 9,500 jobs in Ingolstadt and Neckarsulm within five years. On December 23, Audi is opening its own charging station in Nuremberg, with quick charging points that can be reserved and a lounge for customers.

Source From: Stern

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