The CEO of Volkswagen Group, Oliver Blume, has admitted that Audi is falling behind its rivals, with software issues being identified as the main culprit. In order to address this issue, the automaker will accelerate the development of battery-electric vehicles (BEVs) for the luxury brand.

Blume made this statement about Audi’s current standing during the company’s Capital Markets Day. He specifically mentioned, “We have encountered significant software problems that have caused delays in the launch of our exciting electric products,” as reported by Automotive News Europe.