Audi, investment of 12 billion euros for the electric

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Audi continues to focus onelectrification: the house of Ingolstadt has announced the investment plan the five-year 2020-2024, with significant sums allocated for the development of technologies related to drive green. The total funds allocated for research and development amounted to 37 billion euro, down from 40 billion in the 2019-2023. Of these, 12 billion will be spent for theelectric, compared to 14 in the previous budget, which, however, included not only investment for cars in green, but also for digitizing.

These funds are added those ofAudi’s Transformation Plan, for the improvement of the business efficiency; thanks to this redevelopment, should be released 15 billion euros to be allocated for new projects. By 2029 should reach 6 billion euros, thanks to the measures implemented to increase the flexibility of the company the result of the recent agreement with business organizations.

Audi aims to have 30 models electrified range by 2025; according to the objectives of the house of Ingolstadt, the hybrid and electric cars based on the platforms of the VW group, for the electrical, PPE and MEB, should constitute 40% of the sales of the Four Rings. This strategy is in line with that of Volkswagen, which has raised 34% of the budget allocated for the electrification and digitization for the next five years.

According to a statement by Volkswagen, the platform MEB will be widely used in the coming years: in the estimates of the group, by 2029 will be sold 20 million units are produced using this architecture, distributed between Volkswagen, Audi, Skoda and Seat. The other 6 million of the cars, however, will come from the platform EPP, developed jointly by Audi and Porsche premium vehicles.

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