That's the news from Car Magazine, anyway, which reports today that the automaker is cancelling the all-electric A2 project because it would likely be too expensive at 40,000 euros (just under $50,000 U.S. at today's exchange rates). To be fair, Audi never promised us this car. When the car debuted at the Frankfurt Motor Show last September, complete with a rear fog light laser, Audi admitted it was just a "concept technology study." Looks like study time is now over.
Car says that another EV project in the company stable, the A1 e-tron plug-in hybrid with a Wankel motor, has also been shut down. If these reports are true, BMW could lock down the small, luxury EV segment all to itself in a few years – if the i3 makes it to production.