Audi to Invest $14B Euros in E-Mobility

Audi said on Tuesday that it would invest in $14 billion euros through 2023 in electric mobility, digitalization and autonomous driving.

Dec. 4, 2018

Dec. 4, 2018—Audi said on Tuesday that it would invest in $14 billion euros through 2023 in electric mobility, digitalization and autonomous driving.

The company's total projected expenditure for the next five years amounts to $40 billion euros, reported the Star Online.

Audi is also planning on restructuring measures that will generate $1 billion euros in earnings uplift in 2018.

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