German auto giant Audi is planning to cut costs in an attempt to back its move to electric vehicles (EVs), helping the carmaker progress from the emissions scandal that distressed its parent Volkswagen Group.

Sources familiar with the matter have stated that Audi will be trimming €10 billion ($12 billion) in spending by 2022 by means of slashing research and development expenditures.

The luxury car brand is also planning to build a new platform together with Porsche which could help both automakers to save money through sharing mechanical modules and electronics therefore allowing more funds to go into electrification technology.