'€2B electric drive-system and digital-tech R&D investment'

http://www.worldcarfans.com/114122886448/audi-announces-plans-to-launch-two-electric-vehicles-by
Audi announces plans to launch two electric vehicles by 2018
[20141228]  reuters.com  

Sports car and sports activity vehicle

Audi has green-lighted development of two full electric vehicles which will
be out by 2018.

The announcement was made this week by Audi CEO Rupert Stadler in an
interview with German daily Frankfurter Allgemeine Zeitung. One of the
vehicles is going to be a sports car so chances are Audi will finally roll
out an e-tron version of the R8 but obviously it will be based on the second
generation of the model due in 2015.

As for the other car, Audi says it's a sports activity vehicle which means
it will likely serve as a competitor for the delayed Tesla Model X currently
in the pipeline for a market release in the third quarter of next year.
Stadler said the SAV is going to provide a range of more than 310 miles (500
km) before running out of battery juice.

Aside from announcing the arrival of two EVs, Audi has also disclosed plans
to make a €2 billion investment by 2019 in the development of electric drive
systems and digital technologies.
[© worldcarfans.com]
...
http://thenextdigit.com/16030/volkswagen-invest-2-44-billion-flagship-audi-division/
Volkswagen to invest at least $2.44 billion in its flagship Audi Division
by: David Mayor December 28, 2014




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http://www.turlockjournal.com/section/15/article/28208/
Turlock police patrol busy shopping centers atop Electric Trikkes
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AddÉnergie Technologies To Provide L3 Quick EVSE In Québec.ca


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