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Audi to launch hybrid in 2010

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Automaker Audi has confirmed that it will be launching its first hybrid model, the Q5, at the end of next year.

The vehicle will probably be powered by a 3.2-litre V6 petrol engine, a pair of electric motors within the gearbox and a lithium-ion battery pack.

Audi made the announcement while detailing its plans to invest 7.3 billion euros (£6.5 billion) by 2012 with almost 6 billion euros dedicated for new products and future technologies.

Axel Strotbek, who is in charge of finance and organisation at the company, commented: "With our planned investments in new products and mobility concepts - for example, electric propulsion - we are creating a basis for our company's future growth."

Last week, Audi announced that it has cut the CO2 emissions of its new A3 TDI to just 99g per km.

The group made use of a modified final drive ratio for the standard five-speed manual transmission, reduced ride height, under-body revisions and the use of slightly smaller 15-inch alloy wheels to improve the performance and eco credentials of the vehicle.

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