Audi AG will add an SUV and revamp an existing SUV next year as the luxury-car unit of Volkswagen AG widens offerings in the auto industry’s fastest-growing model segment.

The company will bring out the Q2 compact SUV and revise the Q5 as part of a spending program exceeding 3 billion euros ($3.29 billion) for 2016, Audi said today in a statement. Audi is committing to a battery-powered model by 2018 and expects to have a lineup of 60 cars and SUVs by 2020, it said.