News

World news Bookmark and Share

04.12.2018 12:02
Audi to spend nearly €14 billion on self-driving car tech and electrification through 2023
AUTHOR: publics.bg

  • Audi e-tron
    © Audi

Audi said today that it will invest €14 billion over the next five years on future transportation technologies such as electric mobility, autonomous driving and digital services, TechCrunch reports.

These investments, made until 2023, will include spending on property, factories and equipment as well as research and development. Audi’s total projected expenditure for the 5-year planning period will be €40 billion, the company announced.

“This planning round bears a clear signature: We are taking a very systematic approach to electric mobility and will be much more focused in future. We are consistently prioritizing our resources for future-oriented products and services that are highly attractive and relevant to the market,” according to Bram Schot, temporary chairman of the Board of Management of Audi.

Audi’s announcement continues the company’s previously stated plans to develop electric vehicles. Back in 2015, then Audi of America president Scott Keogh said that by 2025 at least one quarter of all Audi cars sold in the U.S. will have a plug.

The company unveiled in September its first all-electric SUV, the e-tron. By 2025, Audi says it will offer 20 electrified models, including hybrids. About 10 of those vehicles will have all-electric drive systems. The automaker is also investing in digital services such as “on demand” functions.

At the same time, Audi is pushing forward with the digitalization of its automobiles and plants, and is expanding its business model with new digital services such as “functions on demand.”


TAGS: Audi | VW | electrification | investment | self-driving | car | cars 


All world news

No published comments
Login to comment


Interview

28.12.2018  There Is No Feasible Alternative to Maritsa East Complex
Krassimir Nenov, CEO of ContourGlobal Maritsa East 3 AD
Full text

Events

No records in this category!

Poll

Will Belene NPP be built?









 



We use cookies to ensure we give you the best browsing experience on our website. Find out more on how we use cookies and how you can change your settings.

Cookies

What are cookies ?

A cookie is a small text file that a website saves on your computer or mobile device when you visit the site. Cookies are widely used in order to make websites work, or work more efficiently, as well as to provide information to the owners of the site.

How do we use cookies?

Website use Google Analytics, a web analytics service provided by Google, Inc. ("Google") to help analyse the use of this website. For this purpose, Google Analytics uses"cookies", which are text files placed on your computer.

The information generated by the cookies about your use of this website - standard internet log information (including your IP address) and visitor behaviour information in an anonymous form - will be transmitted to and stored by Google including on servers in the United States. Google will anonymize the information sent by removing the last octet of your IP address prior to its storage.

According to Google Analytics terms of service, Google will use this information for the purpose of evaluating your use of the website and compiling reports on website activity.

We not use, and not allow any third party to use the statistical analytics tool to track or to collect any personally identifiable information of visitors to this site. Google may transfer the information collected by Google Analytics to third parties where required to do so by law, or where such third parties process the information on Google`s behalf.

According to Google Analytics terms of service, Google will not associate your IP address with any other data held by Google.

You may refuse the use of Google Analytics cookies by downloading and installing Google Analytics Opt-out Browser Add-on. The add-on communicates with the Google Analytics JavaScript (ga.js) to indicate that information about the website visit should not be sent to Google Analytics.

Cookies are also used to record if you have agreed (or not) to our use of cookies on this site, so that you are not asked the question every time you visit the site.

Google Analytics Opt-out Browser Add-on

How to control cookies?

You can control and/or delete cookies as you wish. You can delete all cookies that are already on your computer and you can set most browsers to prevent them from being placed.

All about cookies

Managing cookies in your browser

Most browsers allow you to:
  • see what cookies you have got and delete them on an individual basis
  • block third party cookies
  • block cookies from particular sites
  • block all cookies from being set
  • delete all cookies when you close your browser

If you chose to delete cookies, you should be aware that any preferences will be lost. Also, if you block cookies completely many websites (including ours) will not work properly and webcasts will not work at all. For these reasons, we do not recommend turning cookies off when using our webcasting services.
X