Audi And FAW Confirm A New Cooperation Company To Build EVs Audi And FAW Confirm A New Cooperation Company To Build EVs FAW Audi Sales Co., Ltd. will assume responsibility for selling the Audi models produced locally by FAW-Volkswagen as well as Audi import vehicles and future cars produced at the joint PPE plant. 13,926 Views Audi sold 727,358 vehicles in China Audi is deepening its partnership with FAW and laying the foundation for continued success in China. The Board of Management of Audi, Supervisory Board of the Volkswagen Group and Board of Management of the FAW Group confirmed that Changchun in the northeast of China will be the headquarters of the newly founded Audi-FAW company. This was announced at the ceremonial signing in Changchun and Beijing. Audi AG and Volkswagen Group China will receive a 60 per cent share, making this company – founded for the local production of fully electric Audi models on the “Premium Platform Electric” (PPE) codeveloped with Porsche – the first cooperation company with a majority interest held by Audi in China.