Production is expected to begin early in the 2020s, at which time the GT will serve as the "sporty spearhead" of Audi's electrified lineup.
Today, at its annual press conference, Audi announced that it's primed and ready to introduce a new vehicle every three weeks this year, with 20 new and redesigned models on the way.
The company also said it will be built at the Böllinger Höfe specialist plant that now assembles the Audi R8 supercar.
Audi will bring out its first fully electric series-produced vehicle later this year.
"The first models based on the PPE are planned for the end of 2021". A model such as the diesel-electric plug-in Q7 e-tron might have to drop its existing badging in favor of some sort of new model code, but although Glaser admits something has to be done, he didn't make any suggestion as to what that will be.
Audi e-tron pricing announced in Germany, receives 3700 reservations
The Audi e-tron GT is coming, and it looks to be aimed at toppling Tesla's Model S. "It's a auto that thrills at first glance, a fully electric gran turismo that stands for a new kind of sportiness - the Audi e-tron GT".
Stadler said that Audi will leverage the Modular Electric Toolkit that Volkswagen is developing for the compact segment as well as its own premium-architecture electrification to be used for electric vehicles in the mid-, upper-, and luxury-range. This compares to the €77,850 ($A123,000) price tag Jaguar confirmed for its new I-Pace at the recent 2018 Geneva motor show. The Tesla Model X electric SUV starts at 96,250 euros in Germany.
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.
As well as challenging the Tesla Model S, the new Audi is expected to see competition from a new, all-electric Jaguar sedan being developed as a sister model to the recently unveiled I-Pace SUV and successor to the United Kingdom automaker's long-running XJ sedan.
Jayme Martin second Nike executive to exit this week
The Wall Street Journal , which previously reported on Martin's departure, said he was forced out of Nike . Separately, Nike has been under growing pressure as the company has lost market share to rival Adidas .