{"id":150588,"date":"2020-10-15T06:37:06","date_gmt":"2020-10-15T01:37:06","guid":{"rendered":"https:\/\/leadpakistan.com.pk\/news\/?p=150588"},"modified":"2020-10-15T06:37:06","modified_gmt":"2020-10-15T01:37:06","slug":"faw-audi-to-produce-electric-vehicles-in-china","status":"publish","type":"post","link":"https:\/\/leadpakistan.com.pk\/news\/faw-audi-to-produce-electric-vehicles-in-china\/","title":{"rendered":"FAW, Audi to produce electric vehicles in China"},"content":{"rendered":"<p>TLTP<br \/>\nCHANGCHUN<br \/>\nChina\u2019s leading automaker First Automotive Works (FAW) and German automaker Audi signed a memorandum of understanding Tuesday on the establishment of a joint venture for production of electric vehicles based on the PPE platform.<br \/>\nThe MoU was signed during the China-Germany Automobile Conference, which began on October 12 in the northeastern Chinese city of Changchun. According to the MoU, Audi will also bring to China the Premium Platform Electric (PPE), which was developed jointly with Porsche, to further advance the transformation of its largest market. Several all-electric Audi models are to be produced for the Chinese market on the new PPE platform from 2024 onwards.<br \/>\nQiu Xiandong, general manager of FAW Group Co., Ltd., said the MoU sends a strong message on the further opening up of China\u2019s auto industry and the strengthening of international cooperation in the field of new-energy vehicles.<br \/>\n\u201cThis decision emphasizes the strategic importance of the Chinese market.<br \/>\nWe are thus actively pushing forward with innovations locally,\u201d said Markus Duesmann, chairman of the Board of Management of Audi AG. From January to September, Audi delivered 512,081 vehicles to customers in China, 4.5 percent more than during the same period of the previous year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>TLTP CHANGCHUN China\u2019s leading automaker First Automotive Works (FAW) and German automaker Audi signed a memorandum of understanding Tuesday on the establishment of a joint venture for production of electric vehicles based on the PPE platform. The MoU was signed during the China-Germany Automobile Conference, which began on October 12 in the northeastern Chinese city [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-150588","post","type-post","status-publish","format-standard","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>FAW, Audi to produce electric vehicles in China<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/leadpakistan.com.pk\/news\/faw-audi-to-produce-electric-vehicles-in-china\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FAW, Audi to produce electric vehicles in China\" \/>\n<meta property=\"og:description\" content=\"TLTP CHANGCHUN China\u2019s leading automaker First Automotive Works (FAW) and German automaker Audi signed a memorandum of understanding Tuesday on the establishment of a joint venture for production of electric vehicles based on the PPE platform. 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