SHANGHAI: Volkswagen's premium automaker Audi and its Chinese state-owned partner FAW Group have received approval from Chinese authorities to start construction on their electric vehicle joint venture plant, according to a government notice.
The plant will start production in December 2024 and have the capacity to manufacture 150,000 cars a year, the regulator said.The regulator's statement said the approval was given on Feb 11, and also that the venture plans to produce three electric models, including Audi's e-tron SUV. In November, Audi said the plant was behind schedule due to a delay in approval by the relevant authorities.
Source: Energy Industry News (energyindustrynews.net)
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