Audi to invest $15b in electric cars

Source:Xinhua Published: 2018/12/5 19:13:42

Audi plans to invest 14 billion euros ($15.9 billion) in electric mobility, digitization and autonomous driving from 2019 until the end of 2023, the German car manufacturer announced on Tuesday.

The money will cover investments in properties, plants and equipment as well as cost of research and development. Audi's total expenditure will amount to 40 billion euros. 

Posted in: ECONOMY,COMPANIES

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