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Audi and FAW establish new company to produce electric vehicles in China
- 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.