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Showing results for tags 'electric crossover'.
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Yesterday, Ford released the first teaser shot of their upcoming electric crossover with a Mustang-inspired design. The picture shows a dark silhouette of the vehicle with the iconic three-bar taillights of the Mustang. It appears that the roofline is sharply raked, something akin to a BMW X4/X6. Ford is promising a 300 mile range when the model is introduced in 2020. As we reported last month, the crossover will not be wearing the Mach 1 nameplate. One interesting tidbit about the upcoming electric crossover. Forbes reports that the original version of the electric crossover was scrapped after CEO Jim Hackett thought it looked to generic. The Mustang-inspired design took about six weeks to finish. Source: Ford, Forbes -
Yesterday, Ford released the first teaser shot of their upcoming electric crossover with a Mustang-inspired design. The picture shows a dark silhouette of the vehicle with the iconic three-bar taillights of the Mustang. It appears that the roofline is sharply raked, something akin to a BMW X4/X6. Ford is promising a 300 mile range when the model is introduced in 2020. As we reported last month, the crossover will not be wearing the Mach 1 nameplate. One interesting tidbit about the upcoming electric crossover. Forbes reports that the original version of the electric crossover was scrapped after CEO Jim Hackett thought it looked to generic. The Mustang-inspired design took about six weeks to finish. Source: Ford, Forbes View full article
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Later this month, Buick will be debuting an all-electric concept SUV named the Enspire. The teaser picture released by Buick shows off a rakish back window and a taillight that runs the full length of the rear. "The Enspire leverages GM’s global resources and is an exploration of design and new technologies. It is the brand’s latest example of innovation and application of future electric smart mobility," Buick said in a press release. We're not surprised that Buick is showing off an electric concept in China. Last year, Chinese buyers bought 1.18 million Buick models - compared to the 219,231 sold in the U.S. China is also pushing automakers to build electric vehicles to help reduce emissions in the country. We'll have more information when the Enspire debuts on April 17th during Buick Brand Night. Source: Buick Press Release is on Page 2 Buick Enspire Concept SUV to Make Global Debut in China SHANGHAI – Buick today announced that the Enspire, its new all-electric concept SUV, will make its global debut at Buick Brand Night on April 17 in Wuzhen, Zhejiang. It will also be on display to the public at Auto China 2018 in Beijing, which begins later this month. The Enspire leverages GM’s global resources and is an exploration of design and new technologies. It is the brand’s latest example of innovation and application of future electric smart mobility. View full article -
Later this month, Buick will be debuting an all-electric concept SUV named the Enspire. The teaser picture released by Buick shows off a rakish back window and a taillight that runs the full length of the rear. "The Enspire leverages GM’s global resources and is an exploration of design and new technologies. It is the brand’s latest example of innovation and application of future electric smart mobility," Buick said in a press release. We're not surprised that Buick is showing off an electric concept in China. Last year, Chinese buyers bought 1.18 million Buick models - compared to the 219,231 sold in the U.S. China is also pushing automakers to build electric vehicles to help reduce emissions in the country. We'll have more information when the Enspire debuts on April 17th during Buick Brand Night. Source: Buick Press Release is on Page 2 Buick Enspire Concept SUV to Make Global Debut in China SHANGHAI – Buick today announced that the Enspire, its new all-electric concept SUV, will make its global debut at Buick Brand Night on April 17 in Wuzhen, Zhejiang. It will also be on display to the public at Auto China 2018 in Beijing, which begins later this month. The Enspire leverages GM’s global resources and is an exploration of design and new technologies. It is the brand’s latest example of innovation and application of future electric smart mobility. -
Ford Changes Plans, Moves Electric Crossover from Flat Rock to Mexico
William Maley posted an article in Ford
Earlier this year, we reported that Ford would be investing $700 million into their Flat Rock, MI plant for two new models - an electric crossover in 2020 and an autonomous vehicle following a year later. Those plans have changed as Ford will move production of the electric crossover to Cuautitlan, Mexico. This information comes from an internal Ford memo obtained by Automotive News last night. Flat Rock will become an “AV center of excellence”. AV, in this case, being autonomous vehicles. “This allows us to bring this exciting new vehicle to global customers in a more effective way to support our overreaching business goals,” the memo says. Ford spokesman Alan Hall confirmed the move to both Automotive News and The Detroit News last night. Hall said the company sees "a bigger opportunity" for their upcoming autonomous vehicle. Ford will be investing an additional $200 million to Flat Rock over the next few years in addition to the already announced $700 million. Part of the reason for Ford moving the production of the electric crossover down to Mexico is lower production costs, allowing the company to make a little more profit. Electric vehicles have low-margins when it comes to making money. Source: Automotive News (Subscription Required), The Detroit News -
Earlier this year, we reported that Ford would be investing $700 million into their Flat Rock, MI plant for two new models - an electric crossover in 2020 and an autonomous vehicle following a year later. Those plans have changed as Ford will move production of the electric crossover to Cuautitlan, Mexico. This information comes from an internal Ford memo obtained by Automotive News last night. Flat Rock will become an “AV center of excellence”. AV, in this case, being autonomous vehicles. “This allows us to bring this exciting new vehicle to global customers in a more effective way to support our overreaching business goals,” the memo says. Ford spokesman Alan Hall confirmed the move to both Automotive News and The Detroit News last night. Hall said the company sees "a bigger opportunity" for their upcoming autonomous vehicle. Ford will be investing an additional $200 million to Flat Rock over the next few years in addition to the already announced $700 million. Part of the reason for Ford moving the production of the electric crossover down to Mexico is lower production costs, allowing the company to make a little more profit. Electric vehicles have low-margins when it comes to making money. Source: Automotive News (Subscription Required), The Detroit News View full article
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Rumorpile: Jaguar Readies An Electric Crossover, Inline-Six Engine
William Maley posted an article in Jaguar
Automobile magazine has a couple of juicy rumors concerning Jaguar. First is Jaguar and its sister brand Land Rover working on a new inline-six to take the place of the somewhat old V6 the two brand use. The new six-cylinder will be derived from the new Ingenium engine family. The inline-six will be 3.0L, feature turbocharging, and come in diesel and gasoline forms. Power is expected to range from 275 to 500 horsepower. Expect to see this new engine in late 2017. The other rumor deals with an electric crossover. Possibly named E-Pace, the electric crossover will be slightly smaller the F-Pace and feature a number of aerodynamic aids to cut through the wind. No information was provided on power figures. Source: Automobile -
Automobile magazine has a couple of juicy rumors concerning Jaguar. First is Jaguar and its sister brand Land Rover working on a new inline-six to take the place of the somewhat old V6 the two brand use. The new six-cylinder will be derived from the new Ingenium engine family. The inline-six will be 3.0L, feature turbocharging, and come in diesel and gasoline forms. Power is expected to range from 275 to 500 horsepower. Expect to see this new engine in late 2017. The other rumor deals with an electric crossover. Possibly named E-Pace, the electric crossover will be slightly smaller the F-Pace and feature a number of aerodynamic aids to cut through the wind. No information was provided on power figures. Source: Automobile View full article
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Tesla isn't going to be the only automaker with an electric-only crossover. Audi announced this week they are planning to do an EV "sports activity vehicle" for early 2018. The announcement was made by Dr. Ulrich Hackenberg, Audi’s research and development boss during the brand's annual press conference. Hackenberg didn't go in much detail about the model, but did talk about certain items with Autocar. He revealed the model will use the MLB platform like the new Audi Q7 and feature design cues from the recent Audi Prologue concept car. Source: Audi, Autocar Image Source: Autocar Press Release is on Page 2 Prof. Dr.-Ing. Ulrich Hackenberg, Member of the Board of Management at AUDI AG for Technical Development Speech to the Annual Press Conference 2015 Ladies and Gentlemen, 2014 was the year of technical milestones, tests and records. Think of the sportiest piloted car in the world, the Audi RS 7 concept, which lapped the Hockenheimring racetrack extremely dynamically without a driver – at up to 240 km/h. Another mega-success was our 13th victory in the world's most important endurance race. The Audi R18 e-tron quattro with diesel-hybrid drive triumphed in the 24 Hours of Le Mans. 2014 – that was also 25 years of TDI technology. As strong evidence of the future viability of combustion engines, we showed the Audi RS 5 TDI concept – the fastest diesel ever timed on the Hockenheimring. For the first time, a high-performance model was powered by a fuel-efficient diesel engine with 283 kilowatts (385 horsepower). In terms of design, we laid down clear indications of a new direction last year. The Audi prologue is a signature car for our new design language. It combines esthetics with technology and is both progressive and highly emotive. Those are some examples of how we are shaping the mobility of the future with superior solutions. 2015 and after are years of technologies, products and customer enthusiasm. We will significantly accelerate our model initiative in 2015. Here are some highlights: The new Audi Q7* that we presented in Detroit in January is a benchmark for large premium SUVs – in terms of drivetrain, efficiency, weight, connectivity and space. Up to 325 kg lighter than its predecessor, CO2 champion in its class with just 149 g/km – that's efficiency in the top segment. At present, there is no other car in the world that offers more connectivity, infotainment and driver assistance. And it is the first automobile based on the second generation of our modular longitudinal platform (MLB 2). This applies to our second world premiere, too: The Audi Q7 e-tron quattro, that we presented in Geneva last week. It is the world's first plug-in hybrid with a diesel engine and quattro drive. It drives up to 56 kilometers purely on electric power and has best-in-class fuel consumption in the test cycle of just 1.7 liters per 100 km and it emits less than 50 grams of CO2 per km. It is therefore a clear demonstration of how we are consistently electrifying the drivetrains in our entire portfolio – and strengthening our overall efficiency. Also in Geneva, we presented three models of our new Audi R8 family – the Audi R8 V10*, the Audi R8 LMS for motorsport and the Audi R8 e-tron. That's "Vorsprung durch Technik" with full emphasis on sporty driving. The Audi R8, our sporty RS models, the sports-car icon Audi TT* and our traditionally excellent performance in motorsport all send the same message: Audi is about automotive sportiness, and quattro plays a substantial role. 35 years of quattro – that means: At present, we have more than 180 model versions with permanent all-wheel drive in all segments, from the Audi A1* small compact car to the Audi A8* large sedan. And more than six million quattro models sold since the first presentation in 1980. Audi is the leading premium all-wheel-drive brand and has the widest range of all-wheel-drive vehicles of all its direct competitors. Audi quattro continues to be our core technology. Our promise for the future: We will offer the unique sporty quattro driving experience also in the era of highly efficient and electric drive systems. Our automobiles will always carry the genuine Audi genes – sportiness, progressiveness and exclusiveness- and a lot of driving pleasure. And so, we enhance our development activities in innovative areas such as 1. Engines, efficiency and sustainability 2. Connectivity and piloted driving3. Design and lighting Since February 2014, Marc Lichte has been the Head of Audi design. With his team, he is working on a new design language that emphasizes our technology even more. We most recently gave a glimpse of this in Geneva: As you know, stylish station wagons have been called "Avant" at Audi for many years. The Audi prologue Avant continues this tradition with its dynamically stretched form. It is muscular and athletic and at the same time flowing and elegant. Already with the new Audi A4 and the Audi Q1, we will lay down new markers for emotive and precise design. The first products in Marc Lichte's design language will then be the new Audi A8, Audi A7 and Audi A6 models. From Marc Lichte now to lighting technology. In addition to its purely functional properties, light is a key feature of automobile esthetics. Our lighting innovations are leading. Exterior lighting is a car's signature. Interior lighting enhances the premium ambience. For the future of automobile lights we can say: They will get more dynamic and interactive, they will become a carrier of information. Information, communication and connectivity are dominant features of our lives already today. Our future is connected mobility. Connectivity in the car ensures that drivers and passengers experience more information, more safety and more comfort. Some examples: The Audi virtual cockpit, our fully digital combination instrument, premiered in 2014 in the new Audi TT. It's now going into the new Audi Q7 and Audi R8. Smartphones are now integrated through Apple CarPlay and Android Auto. They are charged inductively – very conveniently and wirelessly in the Audi phone box. Also to be found in the new Audi Q7: the Audi tablet for the passengers' infotainment. It is a proprietary development by Audi and is the first tablet with full automotive compatibility. That means it fulfills all temperature and crash requirements – these are features that you don't find with ordinary tablets. In the Audi prologue, we are presenting a revolutionary operating concept: The entire front of the dashboard is a large touch display. Architecture, display and operating concept form a harmonic whole. At CES 2015, we demonstrated the Audi mobile key. You can lock and unlock the car with your smartphone or smartwatch and you can let it drive into or out of the garage. Near-field communication and the latest encryption technology make sure this convenience function will meet all security standards. Audi is the pioneer of piloted driving. Since 2010, we have set one technical milestone after the other. The latest highlight: In January, we drove in piloted mode with journalists on public roads through two states of the US and generated great interest. Our technology is ready for series production. The new Audi A8, which we plan to launch in 2017, will be the first model to make the transition from assisted to piloted driving. It has a traffic-jam pilot on board and offers piloted parking. The new Audi A8 therefore represents a paradigm shift. The prerequisites for piloted driving are radar, laser and ultrasound sensors as well as cameras in and at the outside of the car. This is how we generate a precise picture of the traffic situation. We therefore create a stable, redundant system that masters all situations in road traffic. With the Audi prologue piloted driving, we are today letting you have a look at artificial intelligence in the future car. The Audi prologue continues to learn with every kilometer it drives and saves its knowledge in a data cloud. In the future, our cars will continually compare their data with that in the cloud. We are already testing piloted driving in Germany, the United States and Asia. In this way, we are learning a lot about the behavior of our cars, our drivers and other road users in real road traffic. Our objective is for Audi drivers and other road users to experience the increase in safety and comfort that connected mobility offers. Connected cars are not only safer, but also more efficient, as they adjust their driving style to the current traffic conditions. In this way, they support our vision of CO2-neutral mobility. We achieve the biggest reduction in CO2 emissions by fully utilizing the potential of our combustion engines. Here are two latest examples of how our engines will become more efficient: Number 1: We will equip TDI engines as standard with an electrically driven compressor (EAV). The Audi RS 5 TDI concept car was the first high-performance car in which we showed this development in 2014. With the electrically driven compressor, we were able to reduce CO2 emissions by up to seven grams of CO2 per kilometer while significantly increasing performance. Example number 2: The predictive efficiency assistant (PEA) is in use in the new Audi Q7 for the first time. It combines data from the navigation system and sensors to let the car drive in an anticipatory manner. In test drives, this reduced fuel consumption by about ten percent. We are working to meet worldwide market-specific CO2 limits also by optimizing the total vehicle, for example with system-integrative lightweight construction as in the new Audi Q7. Plug-in hybrids, natural gas and battery-electric drive systems have a key role to play in achieving CO2 targets. The Audi A3 e-tron* as a plug-in hybrid and the Audi A3 g-tron* powered by natural gas were successfully launched on the market in 2014. Both of them already have successors: the electrified Audi Q7 and the future Audi A4 g-tron based on the second generation of the modular longitudinal platform (MLB 2). We plan to have a plug-in hybrid in every model series in the coming years. In 2014, we announced that we will produce our sportiest ambassador for electric mobility, the Audi R8 e-tron, to customer order in a tailor-made manufacturing process. The time has come. Its range is a good 450 kilometers in the fuel-consumption cycle. With its efficient drivetrain, the Audi R8 e-tron offers competitive and customer-focused long-range electric mobility. We have redesigned the battery's technology from its ground and achieved a new level of performance and energy density. Its fluid-cooled lithium-ion battery has a capacity of more than 90 kWh and is integrated into the Audi Space Frame structure of the car. We manufacture this battery at the Audi center of excellence for battery technology in the Ingolstadt area. This is a great proof for the engineering power of Audi. In addition, the Audi R8 e-tron continues to be our technology carrier for future electric cars. In early 2018, we will launch a battery-powered sports activity vehicle in the large premium segment with a range of more than 500 kilometers. It will have a new, very attractive design, which we are developing especially for the e-tron range and for battery-electric vehicles. This sports activity vehicle will be built on the second generation of the modular longitudinal platform. From the very beginning, this tool for optimal drivetrain diversity implementation has been designed for a broad variety of concepts. As an alternative to battery-electric drivetrains and with regard to the future of the automobile, we presented our concept for fuel-cell technology in November 2014. On board of a fuel-cell powered car, electric energy is generated by a synthesis of hydrogen and oxygen. In our Audi A7 h-tron quattro technology carrier, we demonstrated the viability of this concept. And, this technology is ready for series development. Only four weeks ago, we acquired a number of strategically important patents from Ballard Power Systems, Inc., a global leader in fuel cell technology. This will further strengthen both our broad patent portfolio and our competitive advantage in terms of fuel cell technology development. I would like to close with some personal remarks. When I came back to Audi in July 2013, I committed myself to change. Jointly with the Technical Development team, I focused on pushing "Vorsprung durch Technik" with innovations in a more consistent manner. Also, I put a lot of emphasis on a new impetus for the design of our products. Today, we may say: We are doing the right things AND we are doing them with enthusiasm. We fuse technology and design in a fundamentally new design language. We are leading with pioneering technologies for high-tech combustion engines and alternative drive systems, lightweight construction, lighting, driver assistance, connectivity and data management, as well as for piloted driving. In this way, we are shaping the future of the automobile with convincing products, and we are offering our customers a sporty, connected, comfortable and efficient premium driving experience. We invest extensively in our global development network, strengthening our team with additional experts, and systematically applying the module strategy. Furthermore, development synergies across the brands in the Group offer great benefits. All of that contributes to an overall positive balance sheet of the Technical Development division. "Vorsprung durch Technik" – that applies more than ever. You may expect a lot from us – now and in the future. Thank you for your kind attention. View full article
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Tesla isn't going to be the only automaker with an electric-only crossover. Audi announced this week they are planning to do an EV "sports activity vehicle" for early 2018. The announcement was made by Dr. Ulrich Hackenberg, Audi’s research and development boss during the brand's annual press conference. Hackenberg didn't go in much detail about the model, but did talk about certain items with Autocar. He revealed the model will use the MLB platform like the new Audi Q7 and feature design cues from the recent Audi Prologue concept car. Source: Audi, Autocar Image Source: Autocar Press Release is on Page 2 Prof. Dr.-Ing. Ulrich Hackenberg, Member of the Board of Management at AUDI AG for Technical Development Speech to the Annual Press Conference 2015 Ladies and Gentlemen, 2014 was the year of technical milestones, tests and records. Think of the sportiest piloted car in the world, the Audi RS 7 concept, which lapped the Hockenheimring racetrack extremely dynamically without a driver – at up to 240 km/h. Another mega-success was our 13th victory in the world's most important endurance race. The Audi R18 e-tron quattro with diesel-hybrid drive triumphed in the 24 Hours of Le Mans. 2014 – that was also 25 years of TDI technology. As strong evidence of the future viability of combustion engines, we showed the Audi RS 5 TDI concept – the fastest diesel ever timed on the Hockenheimring. For the first time, a high-performance model was powered by a fuel-efficient diesel engine with 283 kilowatts (385 horsepower). In terms of design, we laid down clear indications of a new direction last year. The Audi prologue is a signature car for our new design language. It combines esthetics with technology and is both progressive and highly emotive. Those are some examples of how we are shaping the mobility of the future with superior solutions. 2015 and after are years of technologies, products and customer enthusiasm. We will significantly accelerate our model initiative in 2015. Here are some highlights: The new Audi Q7* that we presented in Detroit in January is a benchmark for large premium SUVs – in terms of drivetrain, efficiency, weight, connectivity and space. Up to 325 kg lighter than its predecessor, CO2 champion in its class with just 149 g/km – that's efficiency in the top segment. At present, there is no other car in the world that offers more connectivity, infotainment and driver assistance. And it is the first automobile based on the second generation of our modular longitudinal platform (MLB 2). This applies to our second world premiere, too: The Audi Q7 e-tron quattro, that we presented in Geneva last week. It is the world's first plug-in hybrid with a diesel engine and quattro drive. It drives up to 56 kilometers purely on electric power and has best-in-class fuel consumption in the test cycle of just 1.7 liters per 100 km and it emits less than 50 grams of CO2 per km. It is therefore a clear demonstration of how we are consistently electrifying the drivetrains in our entire portfolio – and strengthening our overall efficiency. Also in Geneva, we presented three models of our new Audi R8 family – the Audi R8 V10*, the Audi R8 LMS for motorsport and the Audi R8 e-tron. That's "Vorsprung durch Technik" with full emphasis on sporty driving. The Audi R8, our sporty RS models, the sports-car icon Audi TT* and our traditionally excellent performance in motorsport all send the same message: Audi is about automotive sportiness, and quattro plays a substantial role. 35 years of quattro – that means: At present, we have more than 180 model versions with permanent all-wheel drive in all segments, from the Audi A1* small compact car to the Audi A8* large sedan. And more than six million quattro models sold since the first presentation in 1980. Audi is the leading premium all-wheel-drive brand and has the widest range of all-wheel-drive vehicles of all its direct competitors. Audi quattro continues to be our core technology. Our promise for the future: We will offer the unique sporty quattro driving experience also in the era of highly efficient and electric drive systems. Our automobiles will always carry the genuine Audi genes – sportiness, progressiveness and exclusiveness- and a lot of driving pleasure. And so, we enhance our development activities in innovative areas such as 1. Engines, efficiency and sustainability 2. Connectivity and piloted driving3. Design and lighting Since February 2014, Marc Lichte has been the Head of Audi design. With his team, he is working on a new design language that emphasizes our technology even more. We most recently gave a glimpse of this in Geneva: As you know, stylish station wagons have been called "Avant" at Audi for many years. The Audi prologue Avant continues this tradition with its dynamically stretched form. It is muscular and athletic and at the same time flowing and elegant. Already with the new Audi A4 and the Audi Q1, we will lay down new markers for emotive and precise design. The first products in Marc Lichte's design language will then be the new Audi A8, Audi A7 and Audi A6 models. From Marc Lichte now to lighting technology. In addition to its purely functional properties, light is a key feature of automobile esthetics. Our lighting innovations are leading. Exterior lighting is a car's signature. Interior lighting enhances the premium ambience. For the future of automobile lights we can say: They will get more dynamic and interactive, they will become a carrier of information. Information, communication and connectivity are dominant features of our lives already today. Our future is connected mobility. Connectivity in the car ensures that drivers and passengers experience more information, more safety and more comfort. Some examples: The Audi virtual cockpit, our fully digital combination instrument, premiered in 2014 in the new Audi TT. It's now going into the new Audi Q7 and Audi R8. Smartphones are now integrated through Apple CarPlay and Android Auto. They are charged inductively – very conveniently and wirelessly in the Audi phone box. Also to be found in the new Audi Q7: the Audi tablet for the passengers' infotainment. It is a proprietary development by Audi and is the first tablet with full automotive compatibility. That means it fulfills all temperature and crash requirements – these are features that you don't find with ordinary tablets. In the Audi prologue, we are presenting a revolutionary operating concept: The entire front of the dashboard is a large touch display. Architecture, display and operating concept form a harmonic whole. At CES 2015, we demonstrated the Audi mobile key. You can lock and unlock the car with your smartphone or smartwatch and you can let it drive into or out of the garage. Near-field communication and the latest encryption technology make sure this convenience function will meet all security standards. Audi is the pioneer of piloted driving. Since 2010, we have set one technical milestone after the other. The latest highlight: In January, we drove in piloted mode with journalists on public roads through two states of the US and generated great interest. Our technology is ready for series production. The new Audi A8, which we plan to launch in 2017, will be the first model to make the transition from assisted to piloted driving. It has a traffic-jam pilot on board and offers piloted parking. The new Audi A8 therefore represents a paradigm shift. The prerequisites for piloted driving are radar, laser and ultrasound sensors as well as cameras in and at the outside of the car. This is how we generate a precise picture of the traffic situation. We therefore create a stable, redundant system that masters all situations in road traffic. With the Audi prologue piloted driving, we are today letting you have a look at artificial intelligence in the future car. The Audi prologue continues to learn with every kilometer it drives and saves its knowledge in a data cloud. In the future, our cars will continually compare their data with that in the cloud. We are already testing piloted driving in Germany, the United States and Asia. In this way, we are learning a lot about the behavior of our cars, our drivers and other road users in real road traffic. Our objective is for Audi drivers and other road users to experience the increase in safety and comfort that connected mobility offers. Connected cars are not only safer, but also more efficient, as they adjust their driving style to the current traffic conditions. In this way, they support our vision of CO2-neutral mobility. We achieve the biggest reduction in CO2 emissions by fully utilizing the potential of our combustion engines. Here are two latest examples of how our engines will become more efficient: Number 1: We will equip TDI engines as standard with an electrically driven compressor (EAV). The Audi RS 5 TDI concept car was the first high-performance car in which we showed this development in 2014. With the electrically driven compressor, we were able to reduce CO2 emissions by up to seven grams of CO2 per kilometer while significantly increasing performance. Example number 2: The predictive efficiency assistant (PEA) is in use in the new Audi Q7 for the first time. It combines data from the navigation system and sensors to let the car drive in an anticipatory manner. In test drives, this reduced fuel consumption by about ten percent. We are working to meet worldwide market-specific CO2 limits also by optimizing the total vehicle, for example with system-integrative lightweight construction as in the new Audi Q7. Plug-in hybrids, natural gas and battery-electric drive systems have a key role to play in achieving CO2 targets. The Audi A3 e-tron* as a plug-in hybrid and the Audi A3 g-tron* powered by natural gas were successfully launched on the market in 2014. Both of them already have successors: the electrified Audi Q7 and the future Audi A4 g-tron based on the second generation of the modular longitudinal platform (MLB 2). We plan to have a plug-in hybrid in every model series in the coming years. In 2014, we announced that we will produce our sportiest ambassador for electric mobility, the Audi R8 e-tron, to customer order in a tailor-made manufacturing process. The time has come. Its range is a good 450 kilometers in the fuel-consumption cycle. With its efficient drivetrain, the Audi R8 e-tron offers competitive and customer-focused long-range electric mobility. We have redesigned the battery's technology from its ground and achieved a new level of performance and energy density. Its fluid-cooled lithium-ion battery has a capacity of more than 90 kWh and is integrated into the Audi Space Frame structure of the car. We manufacture this battery at the Audi center of excellence for battery technology in the Ingolstadt area. This is a great proof for the engineering power of Audi. In addition, the Audi R8 e-tron continues to be our technology carrier for future electric cars. In early 2018, we will launch a battery-powered sports activity vehicle in the large premium segment with a range of more than 500 kilometers. It will have a new, very attractive design, which we are developing especially for the e-tron range and for battery-electric vehicles. This sports activity vehicle will be built on the second generation of the modular longitudinal platform. From the very beginning, this tool for optimal drivetrain diversity implementation has been designed for a broad variety of concepts. As an alternative to battery-electric drivetrains and with regard to the future of the automobile, we presented our concept for fuel-cell technology in November 2014. On board of a fuel-cell powered car, electric energy is generated by a synthesis of hydrogen and oxygen. In our Audi A7 h-tron quattro technology carrier, we demonstrated the viability of this concept. And, this technology is ready for series development. Only four weeks ago, we acquired a number of strategically important patents from Ballard Power Systems, Inc., a global leader in fuel cell technology. This will further strengthen both our broad patent portfolio and our competitive advantage in terms of fuel cell technology development. I would like to close with some personal remarks. When I came back to Audi in July 2013, I committed myself to change. Jointly with the Technical Development team, I focused on pushing "Vorsprung durch Technik" with innovations in a more consistent manner. Also, I put a lot of emphasis on a new impetus for the design of our products. Today, we may say: We are doing the right things AND we are doing them with enthusiasm. We fuse technology and design in a fundamentally new design language. We are leading with pioneering technologies for high-tech combustion engines and alternative drive systems, lightweight construction, lighting, driver assistance, connectivity and data management, as well as for piloted driving. In this way, we are shaping the future of the automobile with convincing products, and we are offering our customers a sporty, connected, comfortable and efficient premium driving experience. We invest extensively in our global development network, strengthening our team with additional experts, and systematically applying the module strategy. Furthermore, development synergies across the brands in the Group offer great benefits. All of that contributes to an overall positive balance sheet of the Technical Development division. "Vorsprung durch Technik" – that applies more than ever. You may expect a lot from us – now and in the future. Thank you for your kind attention.
