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Old 07-30-2017, 06:42 PM   #1
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Default Audi Plans $12 Billion In Cost Cutting to Fund Future EVs

In an effort to move beyond the automaker’s costly emissions scandal, Audi, Volkswagen’s most profitable brand, plans to cut costs by $12 billion by 2022 to help fund the company’s shift towards electric vehicles, according to a report by Reuters. Starting with the E-Tron Quattro crossover, Audi has plans to bring five new all-electric vehicles...
The post Audi Plans $12 Billion In Cost Cutting to Fund Future EVs appeared first on Automobile Magazine.


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