The Audi Group has just announced a record-breaking year, ending 2022 with an operating result of almost 40% growth to a historically high level and a revenue increase of 16.4% to a new record of €8.3 billion. This achievement can be attributed to consistent crisis management, good price positioning, and strong results from the Bentley, Lamborghini, and Ducati brands. In addition, the Audi brand delivered 1,614,231 cars to customers, and the number of deliveries of fully electric models increased by 44% in 2022.
Audi's success can also be attributed to its focus on sustainability, as CEO Markus Duesmann explains: "At Audi, we are fully focused on sustainability, and we systematically promote the digitization and electrification of our products." This focus on sustainability is reflected in the company's strategy, "Vorsprung 2030", which aims to make Audi the leading provider of connected and fully electric premium mobility.
Audi's electric car range is rapidly expanding, with the launch of the Premium Platform Electric (PPE), developed in collaboration with Porsche, being a significant component in expanding the global range of electrically powered Audi models. The future model range Audi Q6 e-tron, the group's first series-produced model based on PPE, will be presented in the second half of 2023.
Audi also focuses on ESG criteria (Environment, Social, and Governance) in all its decision-making, voluntarily reporting its key figures according to the EU's rules. The company has initiated a comprehensive ESG rating to be carried out by an independent rating agency and the result is expected to be published in the spring of 2023. The importance of sustainable development according to the ESG criteria is transparent and visible, which is anchored in the corporate strategy "Vorsprung 2030".
Audi is betting on the circular economy to further promote sustainable development as the basis for the group's car-related value chain. The company plans to continuously increase the proportion of recycled material in the Audi fleet in the coming years to reduce the environmental footprint of its models. Audi has already initiated the MaterialLoop pilot project, in collaboration with 15 partners from research, the recycling industry, and the subcontractor industry. The company is investigating the possibilities of recycling materials from cars that have reached the end of their life cycle to produce new cars. Audi's focus on sustainability and circular economy is just one of the many projects the company has initiated in this field.
The Audi Group's impressive financial results are not only due to its focus on sustainability but also its plans for the future. The company is launching its biggest model offensive in the brand's history, starting with the Audi Q6 e-tron in 2023, and continues to be committed to innovation and leadership in the automotive industry. With Audi's strong financial performance, its focus on sustainability and the circular economy, and its commitment to innovation, it is clear that the company is on the right path to becoming a leading provider of connected and fully electric premium mobility.
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