ADVERTISEMENT

Audi to launch electric motor production

Automotive

pixabay

German carmaker Audi will start production of electric motors at its base in Hungary in two weeks, Audi Hungaria Chairman Peter Kössler said Tuesday, according to Hungarian news agency MTI.

Production of parts for the Q3 model will start at the same time, Kössler said. Serial production of the Q4 model could start in 2019, he added.

In future, all drivetrain technology for Audiʼs first electric vehicles will come from Hungary, Kössler revealed.

Body parts for the new models will be made in an 80,000 square-meter production hall, with the support of 700 robots, the chairman said. Tool production has been expanded, as has Audi Hungariaʼs training system, he added.

Minister of Foreign Affairs and Trade Péter Szijjártó said Audiʼs HUF 10 billion investment in training 1,000 people to work the electric motor line, as well as the more than HUF 100 bln spent on the new body plant, show the companyʼs "exceptional confidence" in Hungary.

ADVERTISEMENT

Design Terminal Demo Day approaches Competition

Design Terminal Demo Day approaches

ÁKK sells HUF 42.5 bln of securities at auction, over plan Debt

ÁKK sells HUF 42.5 bln of securities at auction, over plan

Majority of people in Czechia say state's response to epidemic "adequate" World

Majority of people in Czechia say state's response to epidemic "adequate"

A-Híd wins Chain Bridge tender City

A-Híd wins Chain Bridge tender

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.