Audi e-tron Quattro At CES 2016 In Las Vegas This Week (InsideEVs/Tom Moloughney)

Audi e-tron Quattro At CES 2016 In Las Vegas This Week (InsideEVs/Tom Moloughney)

Audi e-tron quattro concept

Audi e-tron quattro concept

Audi Group announced plans of more than €3 billion capital expenditure in 2016.

"Along with further process and cost optimization, the planned capital expenditure is to amount to more than € 3 billion, and will support the Ingolstadt-based company along its successful path. Half of the planned investment will take place at the German sites in Ingolstadt and Neckarsulm. Furthermore, Audi will recruit additional experts in the field of future technologies once again in 2016."

Part of the investment will be spent on the production version of an all-electric SUV based on the e-tron quattro concept (Q6 e-tron). Audi repeated 2018 as the launch date and says it expects high volume sales "first large‑series battery‑electric vehicle of the brand with the Four Rings".

By 2020, Audi intends to expand its lineup to 60 different models. Next year, the German manufacturer will present the successor for the Audi Q5 and add an all-new Audi Q2.

Audi e-tron Quattro Showing Off At CES 2016 (InsideEVs/Tom Moloughney)

Audi e-tron Quattro Showing Off At CES 2016 (InsideEVs/Tom Moloughney)

In the near future, Audi looks to hire more alternative drive system and IT specialists:

/snazzy (InsideEVs/Tom Moloughney)

/snazzy (InsideEVs/Tom Moloughney)

"Audi continues to accelerate in the area of digitalization. In early December, the company acquired a one‑third interest in HERE, thus safeguarding the cooperation with a leading provider of digital maps and location-based services. Audi’s share of the purchase price amounts to € 0.85 billion.

In order to maintain its “Vorsprung durch Technik” also in the future, the company will strengthen its workforce as it progresses along its growth path in 2016. Thomas Sigi, Board of Management Member for Human Resources at AUDI AG, stated: “We are looking for experts in areas important for the future.” Demand is particularly strong for specialists in alternative drive systems and lightweight construction, but also for IT specialists, who will further develop the fields of Audi connect, Audi mobility and smart factory in the context of digitalization."