Audi to spend 14 billion euros in e-mobility and self-driving cars

New Audi A8 images from Barcelona, July 2017

Volkswagen’s premium auto brand Audi stated on Tuesday it would spend 14 billion euros ($15.9 billion) through 2023 in electric mobility, digitalization and self-driving. Overall, the company’s projected expenditure for the upcoming five years amounts to 40 billion euros, the company stated. It also prepares restructuring measures that will generate 1 billion in revenues uplift […]