Amid rising popularity and government support, Ingolstadt-based luxury carmaker Audi has entered the nascent premium luxury car market with its e-tron range of vehicles on Thursday.
The maker of the Q5 and Q7 SUV expects 15% of its total sales to come from electric vehicles by 2025. Having faced the brunt of falling market and product portfolio shift for the last three to four years of decline, Audi now expects to post strong double-digit growth in the coming 3-5 years provided there are no major disruption of covid or shortage of parts.
