OpenAI's $34B Spending Pushes AI Market Leadership Ahead of IPO 
SpaceX IPO Sparks Market Optimism as Shares Surge 19% on Trading Debut 
Asian Markets Mixed Ahead of Key Central Bank Decisions 
U.S. Gasoline Prices Fall Below $4 as U.S.-Iran Deal Eases Oil Market Concerns 
Gold Holds Gains as Oil Prices Retreat and Fed Decision Looms 
ASX Proposes New Share Dilution Limits for Public Takeovers 
China Industrial Output Beats Forecasts as Domestic Demand Weakens 
US Stock Futures Edge Higher Ahead of Key Federal Reserve Decision 
SpaceX Stock Gets $175 Target as Analysts See Massive Growth Ahead 
Anthropic Officials Meet White House Over AI Model Outage 
Qantas Nears Launch of World’s Longest Non-Stop Flights to London and New York 
Oil Prices Tumble as U.S.-Iran Peace Deal Eases Supply Concerns 
Asian Currencies Steady as Dollar Holds Firm Ahead of Fed Decision and US-Iran Deal Details 
Gold Prices Surge Above $4,300 as US-Iran Peace Deal Weakens Dollar and Oil 
Asian Currencies Steady as BOJ Raises Rates and Markets Await Fed Decision 
Dollar Slips as U.S.-Iran Peace Deal Boosts Risk Appetite and Pressures Safe-Haven Demand 
Audi Korea officially released its first line of all-electric sport utility vehicles this week. The Korean unit of the German automotive manufacturer launched two compact SUVs on Tuesday, Sept. 6 and these are the Audi Q4 e-tron and the Audi Q4 Sportback e-tron.
Audi Korea said that the all-electric Q4 e-tron compact SUV is the first Audi vehicle to be built on a modular electric drive matrix platform. As per The Korea Herald, the new car can run for about 368 kilometers with just a single full charge.
On the other hand, the Audi Q4 Sportback e-tron could be driven for 357 kilometers on a single charge. The two EV models are said to be equipped with a PSM electric motor that can generate a maximum output of about 204 horsepower in addition to a maximum torque of 31.6 kilogram-meters and can reach a maximum speed of 180 kilometers. Both models have lithium-ion batteries with a capacity of 82 kWh,
Audi revealed the electric cars at the company’s recent "The new Audi Q4 e-tron Media Conference" event that was held at the Four Season Hotel in Seoul on Tuesday. The units were introduced in two types which are the basic and premium model which is equipped with modular electric drive matrix (MEB), an EV-only platform that was developed by Audi and the Volkswagen Group, and applied for the first time in the production of the Q4 e-tron SUVs, The Korea Times reported.
"The Audi Q4 e-tron is a compact segment electric SUV, but the interior space is similar to that of the mid-size SUV Q5," Audi Korea’s executive director, Lim Hyun Ki, said during the launching event. “It will redefine the boundaries between car segments and act as a gateway into e-mobility and with these models, we have strengthened our EV lineup enough to satisfy the needs of Korean customers.”
He went on to say that they will be leading the efforts to make these premium electric popular through the Audi Q4 e-tron units. The company’s marketing director, Park Young Jun, also added, “We have already received more than 7,000 preorders of the all-electric compact SUVs since they were unveiled at the Seoul Mobility Show last November. These preorders will start being delivered to our customers starting Sept. 19.”
The new Audi Q4 e-tron will be sold at the starting price of KRW59.7 million or $43,471 while its premium version will cost around KRW66.7 million. For the Audi Q4 Sportback e-tron, its basic version is set to be sold for KRW63.7 million while the premium model would be KRW70.7 million.
