Automakers

Audi CEO sees volume doubling by 2030 in EV-dominated future

Audi CEO Duesmann
Audi's "Vorsprung 2030" strategy is possible "in light of the market forecasts and our attractive product portfolio," Duesmann said.
September 02, 2021 05:30 PM

Audi's top executive said he believes the premium brand can nearly double its global sales volume to 3 million vehicles and maintain profit margins between 9 and 11 percent by 2030, even as it phases out internal combustion powertrains in favor of an all battery-electric lineup.

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