Volkswagen is preparing to follow parent group, Volkswagen , by boosting spend on electric vehicles (EVs) and digital technology over the next 10 years , according to anonymous sources in contact with Audi . Audi is expected to invest $4.69 billion in digital services, electric cars, and autonomous driving by 2025 , and offer on-demand mobility services to premium customers. To free up funds for the new strategy, Audi plans cutbacks in its conventional combustion car program including steps to reduce country-specific variants of engines and transmissions, the sources said, without being more specific. Full details are reportedly to be announced by Audi chief executive, Rupert Stadler , at a presentation to fund managers in Germany on the next 10 years .
Volkswagen is preparing to follow parent group, Volkswagen , by boosting spend on electric vehicles (EVs) and digital technology over the next 10 years , according to anonymous sources in contact with Audi . Audi is expected to invest $4.69 billion in digital services, electric cars, and autonomous driving by 2025 , and offer on-demand mobility services to premium customers. Full details are reportedly to be announced by Audi chief executive, Rupert Stadler , at a presentation to fund managers in Germany on the next 10 years .