Audi To Make Electric Cars With China’s Oldest Carmaker FAW
FAW is China’s third largest carmaker, and counts Hongqi – or Red Flag – limousines for China’s communist party leaders among its products. It has been trying to gain ground in the world’s largest electric car market against domestic competitors…
Audi To Set Up A Joint Venture With China’s FAW To Manufacture Electric Vehicles
Audi, a German luxury automobile manufacturer, announced that it has signed a Memorandum of Understanding with China’s state-owned automobile company FAW to launch a joint venture to produce electric vehicles in China. The company said that it would produce several…