Audi CEO Is Focused On Fully-Electric Future And U.S. Production Timeline

in order for customers to claim tax credits for an EV the vehicle must meet certain North American content requirements.

But that decision process won't be protracted. Duesmann said it will “for sure be finalized within this year.” The situation has moderated somewhat but the automaker is still feeling its effects “here and there,” Duesmann said. “We lost two ships for taking cars back and forth over the Atlantic Ocean,” said Duesmann. “So we it's a multiple crisis situation we handled well and we we are successful and you see how much money we earned. That's all good. But we could have built many more cars if we hadn't had any, any issues and logistics and supply chain and we could have had a much better financial results we hadn't had so so it's half positive way of looking at it.

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Audi CEO Is Focused On Fully-Electric Future And U.S. Production TimelineTimelines for a complete conversion to battery electric vehicles and a decision on whether to build vehicles in U.S. to meet Inflation Reduction Act requirement have been set by Audi AG, are among the items the German automaker's CEO revealed in an interview Thursday. Looks like they're on the way to going bankrupt because EVs are a vanity purchase. Who's going to pay $80,000 for car that could be sold for $40,000 with a combustion engine.
Source: Forbes - 🏆 394. / 53 Read more »

Audi CEO Is Focused On Fully-Electric Future And U.S. Production TimelineTimelines for a complete conversion to battery electric vehicles and a decision on whether to build vehicles in U.S. to meet Inflation Reduction Act requirement have been set by Audi AG, are among the items the German automaker's CEO revealed in an interview Thursday.
Source: ForbesTech - 🏆 318. / 59 Read more »