Audi and FAW Establish New Company To Produce Electric Vehicles in China

source: Audi AG

  • Audi expands its presence in China together with its partner FAW
  • Memorandum of understanding signed on the establishment of a company for the production of all-electric Audi models on the PPE platform
  • Audi CEO Markus Duesmann: “This decision emphasizes the strategic importance of the Chinese market”

Audi is expanding its presence in China. As an important milestone on the way to becoming a provider of sustainable premium mobility, Audi and FAW today signed a memorandum of understanding (MoU) that defines the framework for the joint production of electric vehicles based on the PPE platform. The memorandum of understanding was signed during the Germany-China Automobile Conference, which is currently taking place in Changchun, northern China.