With its investment planning for the next five years, AUDI AG is pushing ahead its transformation to a provider of networked and sustainable premium mobility: with a total amount of approximately € 35 billion, investments remain at a high level, especially for future vehicle projects, in spite of a difficult business environment.
FEV, a globally leading service provider of vehicle and powertrain development for hardware and software, and UTAC CERAM, an independent service provider in all areas of land transport, have joined forces to operate Africa’s first automotive development and testing center. The start of the first operations is planned for the second half of 2021.
FPT Industrial, a leader in the powertrain industry and a brand of the CNH Industrial, consolidates its commitment to contemporary art and its vision linked to sustainability, promoting, in collaboration with Artissima, the first edition of the FPT for Sustainable Art award, a fusion of sustainability, innovation and art.
Since 2019, Groupe PSA has launched all-electric or plug-in hybrid versions of all its new models. The Group's objective is to offer a fully electrified portfolio by 2025.