Audi to make electric cars with China's oldest carmaker FAW
BBC News Published Audi is teaming up with China's oldest carmaker FAW to produce luxury electric vehicles. FAW is China's third largest carmaker, and counts Hongqi - or Red Flag - limousines for China's communist party leaders among its products. It has been trying to gain ground in the world's largest electric car market against domestic competitors like Geely and SAIC. The new joint-venture factory will build fully-electric Audi models. The $4.6bn facility is set to open in 2024 in Chungchun in China's Northeast, according to Audi. "This deepened partnership between Audi and FAW herald...