Audi CEO Markus Duesmann assumes that electric cars will be just as profitable as petrol cars in two to three years. That is why he is already setting much stricter profitability targets.
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Audi has now officially confirmed its accelerated switch to electric vehicles. The last new combustion engine will start production in 2025, but Audi is keeping a loophole open for the Chinese market.
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From 2026 onwards, Audi no longer plans to launch any new models with combustion engines – not even hybrid vehicles. From then on, the German carmaker based in Ingolstadt will only be bringing purely electric new vehicles to market.
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Audi is giving its A4 and A6 models an end date as combustion engines. The same is said to apply to the A8. Even in plug-in hybrids Audi apparently no longer wants to invest heavily. These decisions are likely to be the cornerstones of the exit plan from the internal combustion engine drawn up under […]
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Audi has realigned its R&D department: Hans-Joachim Rothenpieler, Board Member for Development, is leaving the company at his own request and Audi CEO Markus Duesmann is taking over as Head of Technical Development for the brand with immediate effect.
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Volkswagen again accelerates its electric transformation. Planning Round 68 saw the Group increase the investments planned for 2020 to 2024 by 10%, that’s almost 60 billion euros to spend on electromobility, hybridisation and digitisation during this period.
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