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Audi to invest €100M in charging infrastructure in Germany

AUDI AG said Jan. 17 the company will invest €100 million to set up more than 4,500 electric vehicle charging stations across its facilities in Germany.

The Volkswagen AG-owned luxury-car maker plans to electrify 1 in 10 parking spaces by mid-2022.

Audi plans to make its operations entirely CO2 neutral by 2050.

In November 2019, the German company announced its plans to invest €12 billion by 2024 for electric mobility.