Audi e-tron GT, Kia K900, Runge sports cars

Audi e-tron Gran Turismo

While it might be awhile, as we've heard that Audi Sport was going to be taking a slow approach to electrification, Audi CEO Rupert Stadler feels EVs are necessary for the future of the brand.

Production of the e-tron GT is planned to take place on a dedicated electric vehicle assembly line to be established at Audi Sport's Böllinger Höfe industrial park located nearby to Audi's Neckarsulm plant in south-west Germany.

We know the second Audi e-tron battery-electric model is likely to be a compact five-door hatchback similar in size to the current A3 e-tron plug-in hybrid.

Audi plans to invest 40 billion euros ($49 billion) over the next five years as the luxury-car brand expands its lineup and accelerates a shift into electric vehicles in a bid to regain lost ground against BMW and Mercedes-Benz.

Audi CEO Rupert Stadler (left) and CFO Alexander Seitz pose next to the Audi Q7 e-tron quatro auto before the company's annual news conference in Ingolstadt, Germany March 15, 2018.

Audi doesn't provide technical details of the e-Tron GT, though the new sedan is expected to share the J1 platform of the upcoming Porsche Mission E in a move aimed at achieving suitable economies of scale between the two Volkswagen Group companies. As a sporty spearhead, the premium manufacturer announced at its annual press conference a highly dynamic, four-door Gran Turismo with purely electric drive.

Audi announced this week that it will be launching the e-tron GT in 2020, which will be a performance-oriented, low-slung EV sedan. The Tesla Model X electric SUV starts at 96,250 euros in Germany. The E-Tron Quattro SUV will enter production in Brussels, Belgium.

The model overhaul, also introducing the new Q8 SUV, is expected to have a "sustained positive impact" on deliveries and earnings from 2019, Audi said.

Audi, in collaboration with another of VW's brands Porsche, plans to launch 20 electrified models by 2025, more than half of which will be all-electric.

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