Audi CEO Sees Better Odds of Building in U.S. as VW Electrifies

bloomberg - Audi CEO Markus Duesmann - ENB

 

The odds Audi decides to start building vehicles in the U.S. are rising as parent Volkswagen AG electrifies its lineup, the luxury-car maker’s chief executive officer said.

The VW group’s strategy to bring down the cost of electric vehicles involves developing common platforms to underpin models across its many brands to conserve costs. The first, dubbed MEB, is the base for the ID.4 sport utility vehicle already made in Germany and going into production in Chattanooga, Tennessee, next year.

Since these architectures will be used all over the world, “the potential to put an Audi car, production-wise, into the U.S. is even higher than now,” CEO Markus Duesmann said Friday on Bloomberg Television. “The likelihood of us producing in the U.S. is there.”

VW’s premium-car brand has undergone an overhaul to be more efficient and help the group overtake Tesla Inc. as the world’s leading EV maker. After initial efforts to narrow technology gaps with Tesla got off to a bumpy start, Audi formed an engineering task force to develop a car code-named Landjet.

A concept vehicle debuting next month called Grandsphere is expected to offer clues on Landjet, which will use a new software stack that allows for highly automated driving. The model is slated to go into production around the middle of the decade.

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Stuart Turley is President and CEO of Sandstone Group, a top energy data, and finance consultancy working with companies all throughout the energy value chain. Sandstone helps both small and large-cap energy companies to develop customized applications and manage data workflows/integration throughout the entire business. With experience implementing enterprise networks, supercomputers, and cellular tower solutions, Sandstone has become a trusted source and advisor.   He is also the Executive Publisher of www.energynewsbeat.com, the best source for 24/7 energy news coverage, and is the Co-Host of the energy news video and Podcast Energy News Beat. Energy should be used to elevate humanity out of poverty. Let's use all forms of energy with the least impact on the environment while being sustainable without printing money. Stu is also a co-host on the 3 Podcasters Walk into A Bar podcast with David Blackmon, and Rey Trevino. Stuart is guided by over 30 years of business management experience, having successfully built and help sell multiple small and medium businesses while consulting for numerous Fortune 500 companies. He holds a B.A in Business Administration from Oklahoma State and an MBA from Oklahoma City University.