Audi intends to establish a new electric vehicle joint venture with China FAW to produce luxury electric vehicles
Audi and China FAW announced on Tuesday that they plan to establish a new electric vehicle joint venture to produce luxury electric vehicles.
Both parties will locally produce PPE (Premium Architecture Electrification) platform pure electric models in China.
In order to rapidly expand the lineup of electrified models, Audi and Porsche have developed a PPE platform for large electric vehicles. Now, Audi has introduced the platform to China for localized production.
Audi has a long-term cooperative relationship with China FAW, and the company also plans to cooperate with SAIC to produce cars.