Audi to swap out TT for all-electric model

Audi's CFO has indicated that the company is "shedding old baggage," meaning it will be discontinuing the TT coupe to replace it with a BEV, according to a Bloomberg report. As reported by Bloomberg Thursday, Audi will be discontinuing the TT coupe and possibly the R8 as well in order to make space in the portfolio for new fully-electric models. The battery powertrain push comes as a result of the company's initiative to launch 20 fully-electric vehicles by 2025, a point when sales of electric cars both hybrid and 100% electric are expected to make up to 40% of automobile deliveries.

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