Audi Q7 e-tron

Audi Q7 e-tron

Audi again mentioned the all-electric SUV when presenting its goals at its Annual General Meeting.

The company intends to invest €24 billion until 2019 (record high in its history), expanding its model range from today’s 52 to 60 automobiles in 2020, increase production capacity and introduce new technologies.

In the near future, Audi will begin sales of Q7 e-tron plug-in hybrid, while the all-electric SUV is scheduled for launch in 2018.

Expected range stands at 500 km (over 300 miles) in NEDC.

According to Automotive News, Audi SUV e-tron will be based on Q5.

"The full-electric SUV will be Audi's first foray into the mainstream market for electric vehicles. It will have a 500km (310 mile) range and will challenge Tesla's Model X crossover. Company sources say it will be based on the next Q5. It will have the e-tron badge that Audi uses for EVs and plug-ins."

Audi Q5

Audi Q5

Source: Automotive News