Audi, FAW to set up new JV for manufacturing EVs in mainland China
AUDI AG and Volkswagen Group China will hold 60% stake in the new Audi-FAW JV
Audi and mainland-Chinese automaker FAW have decided to set up a new joint venture (JV) for manufacturing electric vehicles (EV) in mainland China, Audi announced in a press release on 18 January.
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