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Audi announces 4 billion dollars investment

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Audi will invest over $4.3 billion to expand its product lineup and develop new technologies including autonomous driving systems, the company announced Thursday in a press release.

This year, more than 20 new or upgraded Audi models will be launched. The first next-generation Audi Q5 crossovers will drive off the assembly lines in San José Chiapa, Mexico in the second half of 2016, while the brand’s first-ever all-electric SUV will be built in Brussels, where Audi also has a battery plant.

In 2017, the new Audi A8 will become the company’s first series produced car capable of piloted driving. With the traffic jam pilot, it will be able to drive itself temporarily on the autobahn at speeds up to 60 km/h. CEO Rupert Stadler is convinced that we will see a fully automated Audi by 2025.

Also, look for the introduction of the brand new Audi Q2, Q7 e-tron (plug-in hybrid), and A4 Allroad.