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Audi targets Europe’s EV market with new A2 compact (VWAGY:OTCMKTS)

Interior of the Audi e-tron Electric Car.

Maksim Safaniuk/iStock Editorial via Getty Images

Audi is turning to a smaller electric vehicle to regain momentum in Europe, unveiling the A2 e-tron as competition intensifies from lower-cost Chinese automakers.

The new model, presented in Paris on Monday, brings back the A2 badge used by Audi in the

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