2023: Combined Annual and Sustainability Report
The two joint ventures FAW-Volkswagen (Changchun) and SAIC Volkswagen (Shanghai) are playing a key role in this process. Together with FAW, Audi has laid the foundation for the local production of electric models based on the new PPE for the Chinese market. Construction of the factory of the joint venture Audi FAW NEV Company is proceeding according to plan. The factory is designed to produce more than 150,000 vehicles per year, with the first electric cars due to roll off the production A long tradition: since 1988, the Four Rings have been a familiar sight on the streets of Chinese megacities. One model from the current portfolio is the Audi Q4 e-tron. Poised for production: from late 2024, the new factory in Changchun (China) will produce more than 150,000 models of the Q6 e-tron and A6 e-tron2 lines per year for the local market. ² The models in this generation are not yet available for purchase.Ph ot os : A U D I A G ( 2 ) 21 Audi Report 2023 Strategy & Company Finance ESG Appendix line in late 2024. In the future, the plant will produce three models from the Audi A6 e-tron² and Audi Q6 e-tron families for the Chinese market. Audi is also intensifying its collaboration with joint venture partner SAIC. In essence, this will involve the joint development of an electric platform in order to rapidly expand the range of smart, fully connected electric cars on the market. The aim is to gain access to segments in which Audi is not yet active in China. “We have found SAIC to have a fast pace of develop‑ ment and attractive framework conditions, which is why we’re teaming up with our partner to develop and produce vehicles together,” says Döllner. “The new vehicles will combine the best of both worlds and have distinct Audi genes.” Audi is strengthening its research and development activities in China outside of this initiative as well – with a view to launching market-specific models and technologies as quickly as possible.
Audi Report 2022
.* ³ Audi Q2 e-tron: The model is manufactured by the associated company FAW-Volkswagen Automotive Co., Ltd., Changchun (China), and available and sold exclusively in China. ⁴ Audi Q5 e-tron: The model is manufactured by the associated company SAIC Volkswagen Automotive Co., Ltd., Shanghai (China), and available and sold exclusively in China. ⁵ Modular vehicle architectures, or socalled platforms, make it easier to position the most diverse derivatives in the market cost-efficiently. * Information on fuel/electric power consumption and CO₂ emissions in ranges depends on the vehicle’s selected equipment. Consumption and emission figures for the vehicle are available only according to WLTP and not according to NEDC. Satisfied with the successes of electric vehicles: Dr. Christiane Zorn, Head of Product Marketing, AUDI AG 150,000 Audi e-tron cars sold Sustainable development goals The following SDGs are at the focus of this company commitment: Further information on the Audi sustainability strategy and the UN sustainability goals can be found on pages 110–122. https://www.audi-mediacenter.com/en/audimediatv/video/animation-audi-urbansphere-concept-premium-platform-electric-6057 https://www.volkswagenag.com/en/strategy/mechatronics.html 66 Audi Report 2022 Products & Services Value Creation & Production Operations & Integrity Strategy Employees & Society Introduction Appendix Ill us tr at io n: C 3 V is ua l L ab | Ph ot o: A U D I A G International success Even the Audi e-tron, Audi’s first fully electric production vehicle, benefited from platform synergies and became a direct success. “Since it was introduced around five years ago, we have sold more than 150,000 units in 99 markets,” says Dr. Christiane Zorn, Head of Product Marketing at AUDI AG. “The numbers speak for themselves and prove what a major success story this is.” The model was the top-selling passenger car in Norway in 2020, for example.
Audi Report 2021
Information on electric power consumption and CO₂ emissions in ranges depends on the vehicle’s selected equipment. ³ The model is manufactured by the associated company SAIC Volkswagen Automotive Co., Ltd., Shanghai (China), and available and sold exclusively in China. Ph o to s: A U D I A G S trateg y P ro d u cts & S ervices O p eratio n s & In teg rity V alu e C reatio n & P ro d u ctio n E m p lo yees & S o ciety A p p en d ix In tro d u ctio n “There are some things in life that are difficult to put into words. They’re experiences you have to have and feel in order to understand. For me, Holoride is one such thing – and this technology will be available to our customers in selected Audi models before the end of this year. Audi is thus the first manufacturer ever to offer this completely new entertainment experience. Passengers will be able to immerse themselves in games, films and interactive content with the aid of a virtual reality headset. The highlight: The virtual content adapts to the movements of the vehicle in real time. Every turn and every acceleration or braking action has an impact on the perception. The car thus becomes an experience platform. What I find particularly exciting is that a new marketplace for digital content is taking shape here. The content is not only captivating, but also closely interwoven with the car. Holoride is an example of how we at Audi use our connected vehicles and vehicle data to lay the foundations for digital business models in collaboration with our partners – thus creating completely new customer experiences.” “ The car is becoming an entertainment platform” Jakob Wulf, Audi Product Marketing Holoride “Can refueling be more than a tiresome necessity? Yes! Since December 2021, the first Audi Charging Hub has been demonstrating our vision of an electric charging station of the future for premium customers to cover peak charging needs or to replace the home charging terminal in urban areas.
&Audi SocAIty study
Basic mobility requirements and needs in terms of mobility, flexibility and customer expectations hardly differ between New York, London and Shanghai, with similar patterns emerging in rural or suburban areas. 2 Foresight 2030 “I think that there will be more options in the future. It will be more fractured than it is today. And obviously there is more variety of modes available that are kind of just coming to the fore.” Pete Bigelow 12 Individual Transport is Still a Gamechanger Does it then follow that the sharp rise in Mobility as a Service (MaaS) offerings means that individual transport and the automotive will lose massively in importance? No. Here, too, the experts are mostly in agreement: individual transport will continue to dominate the mobility landscape. In less urban regions in particular, but also in suburban areas and cities, having access to one’s own vehicle, whether purchased, leased or made available in some other way, will continue to offer an additional level of flexibility and comfort in the near future. Those who can will still be able to enjoy regular travel in their “own” car in 2030 and beyond. In addition, the automotive will continue to be of symbolic relevance for individuality, freedom and status. R ev en u e in b il li o n U .S . d o ll ar s 2021 1250 1000 750 500 250 0 2022 2023 2024 2025 2026 2027 2028 North AmericaEuropeAsia PacificSouth AmericaMiddle East & Africa Global shared mobility market size forecast from 2021 to 2028, by region (in billion U.S. dollars) Statista estimates; Data Bridge Market Research, Statista 2021 “We need to move people but not cars.” Torsten Gollewski “So of course, today is the baseline in big cities such as London, Paris, or Manhattan, San Francisco. It’s very possible that part of the areas there, you can not drive your individual owned vehicles in there. You have to take the shared service.”
Financial Report 2019
In addition, the companies Autonomous Intelligent Driving GmbH, Munich, and Shanghai Ducati Trading Co., Ltd., Shanghai (China), have been fully consolidated in the consolidated financial statements of the Audi Group since January 1, 2019. The initial consolidation of these companies did not have a material impact on the net worth, financial position and financial performance of the Audi Group. Read more online about the Group companies in the statement of interests pursuant to Sections 285 and 313 of the German Commercial Code (HGB) at www.audi.com/subsidiaries. Read more about the group of consolidated companies in the notes on pages 129 f. / BRANDS AND PRODUCT PORTFOLIO The Audi Group, comprising the Audi, Lamborghini and Ducati brands, is one of the best-known manufacturers of premium automobiles, supercars, Super SUVs and sporty motorcycles. As a progressive premium brand within the Volkswagen Group, we want to delight people with premium mobility and place the focus on our customers’ wishes. Audi stands for “Vorsprung durch Technik.” The product portfolio of the Audi brand extends from the Audi A1 car line, through the A3, A4 and A5 product families, right up to the full-size car lines A6, A7 and A8. In addition, the TT car line emphasizes our brand’s sporty character. We also enjoy a broad presence in the SUV segment with the Audi models Q2, Q3, Q5, Q7 and Q8. We presented the Audi e-tron, the first fully electric SUV from the Audi brand, back in the 2018 fiscal year and introduced it on the market in the first quarter of 2019. Since November 2019, it has also been possible to configure the first fully electric Audi Sportback – the Audi e-tron Sportback. A further Audi series-production model with fully electric powertrain for the Chinese market, the Q2 L e-tron, appeared in the 2019 fiscal year.
Executive-Summary
Talking Business You can reach Financial Communication at AUDI AG online or by telephone, email or postal mail: AUDI AG Financial Communication / Analytics, Investor Relations I/FU-23 Auto-Union-Straße 1 85045 Ingolstadt Germany Phone: +49 841 89-40300 Fax: +49 841 89-32524 email: ir@audi.de www.audi.com/investor-relations LinkedIn: www.linkedin.com/company/audi-ag 1 https://www.audi.com/en/company/investor-relations/reports-and-key-figures/annual-reports.html https://www.audi.com/en/company/investor-relations/talking-business.html https://www.audi.com/en/company/investor-relations/talking-business.html http://www.linkedin.com/company/audi-ag A p r i l 2 0 1 9 In China for China Audi presents the Audi Q2 L e-tron at Auto Shanghai. This model is designed especially for China and is built at the Foshan plant. Read more starting on page 14 about the relevance of the Chinese market for Audi and how the company orients itself consistently to the market-specific demands of customers. M a r c h 2 0 1 9 New electric models At the Geneva International Motor Show, plug-in hybrid versions of the A6, A7, A8 and Q5 models make their debut. Audi also presents the Audi Q4 e-tron concept, a concept car of the first Audi model based on the modular electric drive matrix. Read more about profitable electric mobility starting on page 24. “We’re making electric mobility emotional. Through our platform strategy, we’re also making optimal use of synergies within the Volkswagen Group and reducing development costs.” Hans-Joachim Rothenpieler, Board Member for Technical Development M a y 2 0 1 9 New strategy At the Annual General Meeting, Audi CEO Bram Schot presents the new “consistently Audi” strategy. The Audi brand is therefore establishing impor tant waypoints for the transformation of the company. Read more about the new Audi strategy starting on page 8. “We want to unleash the beauty of sustainable mobility to take the lead in transforming the premium segment.
Audi Sport Factbook 2015
Audi Sport in the WEC ��� 70 DTM 72 WEC 28 Audi Sp ort 14 Audi in motors port 20 15 6 4 Audi R8 LMS – 2016 model ���������� 118 A glance in the R8 LMS cockpit ���� 120 The Audi R8 LMS in action worldwide ���������������������������������� 122 Key personnel in the GT racing program ������������ 124 Endurance test for the new R8 LMS �������������������������� 125 Audi Sport TT Cup – development in record time �������� 136 Endurance testing at Motorland Aragón ���������������������� 137 Push-to-pass – more power at the push of a button ������������������������� 138 Overtaking with Push-to-pass ������� 139 A glance in the Cup race car cockpit �������������������� 140 Key personnel in the Audi Sport TT Cup ������������� 142 The eight drivers – a quick profile �����92 The tracks – a summary �������������� 100 Titles and victories in the DTM ���� 109 Best Audi drivers each season ����� 110 Winning ratio by car ������������������� 111 Partners of Audi Sport in the DTM � 112 Audi R8 LMS Cup ������������������������ 126 Audi race experience������������������� 127 Championship titles (drivers) in GT racing �������������������������������� 128 Overall victories in endurance races���������������������� 130 Partners of Audi Sport customer racing in GT racing ������� 131 Centralized preparation of Cup race cars �������������������������� 143 The Audi Sport TT Cup ���������������� 144 Audi Sport TT Cup drivers ����������� 146 Partners in the Audi Sport TT Cup ��150 Consumption values ������������������� 151 GT raci ng 114 Contac ts 152 Audi Sp ort TT C up 13 2 5 Audi in Motors port 2015 2015 WEC Audi R18 e-tron quattro Audi’s motorsport program 2015 DTM Audi RS 5 DTM 8 GT racing Audi R8 LMS Audi Sport TT Cup Audi TT cup 9 2015 Event calendar 24–25/01 24h Daytona (USA) 16–17/05 24h Nürburgring (D) 25–26/07 24h Spa-Francorchamps (B) 12/04 6h Silverstone (GB) 02/05 6h Spa-Francorchamps (B) 13–14/06 24h Le Mans (F) 30/08 6h Nürburgring (D) 19/09 6h Austin (USA) 11/10 6h Fuji (J) 01/11 6h Shanghai
Media Z-Card WEC Shanghai 2015
conference 15:30–17:00 Free Practice 2 Saturday, October 31 09:00–10:00 Free Practice 3 13:30–13:50 Qualifying LMGTE 14:00–14:20 Qualifying LMP 14:30 FIA WEC press conference 15:00–15:15 Mixed zone interviews with FIA WEC drivers 17:30–18:30 Audi “Meet the Team” in the Audi VIP lounge (Pit building) Sunday, November 1 11:00–17:00 Race 17:15 FIA WEC press conference Speeds and gears Vehicle Vehicle type Le Mans Prototype (LMP1) Monocoque Carbon fi ber composite (CFC), aluminum honeycomb structure, Zylon side panels, rear CFC crasher Battery Lithium ion battery Engine Engine type Audi TDI, turbocharged 120 degree V6, 4 valves per cylinder, 1 Garrett VTG turbocharger, diesel direct injection TDI, fully stressed aluminum crankcase Cubic capacity 4,000 cc Power output Over 410 kW (558 hp) Torque Over 850 Nm Hybrid system Type of accumulator Electric fl ywheel accumulator, WHP, usable storage capacity over 700 kJ Motor Generator Unit (MGU) One MGU on front axle, water-cooled with integrated power electronics, over 200 kW Drivetrain/transmission Drive system Rear wheel drive, traction control (ASR), four-wheel drive e-tron quattro in hybrid mode Clutch Carbon clutch Gearbox Sequential, electrically actuated 7-speed racing gearbox, CFC housing with titanium inserts Diff erential Limited-slip rear diff erential Driveshafts Constant velocity sliding tripod universal joints Suspension/steering/brakes Suspension Front and rear double wishbone independent suspension, front pushrod system and rear pullrod system with adjustable dampers, twin wheel tethers per wheel Steering Electrically assisted rack and pinion steering Brakes Hydraulic dual circuit brake system, monobloc light alloy brake calipers, ventilated carbon fi ber disc brakes front and rear Wheels OZ forged magnesium wheels Tires Michelin radial, front/rear: 31/71-18 Dimensions/weight Length/width/height 4,650/1,900/1,050 mm Minimum weight 870 kg Fuel tank capacity 53.7 l Technical data Audi R18 e-tron quattro 6 Hours of Shanghai