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  • FAW Group Corporation (FAW) signed a memorandum of understanding (MoU) on import business with Volkswagen Group at the 3rd China International Import Expo (CIIE) on November 5.

    Under the MoU, FAW-Volkswagen, a joint venture between FAW Group and Volkswagen Group, plans to purchase CKDs (complete knock down kits) from Volkswagen Group and import complete vehicles for Audi brand in 2021, to satisfy the manufacturing demands for the increasingly rich product lineups and offer high-quality mobility services for Chinese consumers.

    It is particularly invaluable to strengthen cooperation between the two sides when the global auto industry is being vexed by the coronavirus pandemic. The signing of the MoU not only promote the automobile trades between China and Germany, but also represents a significant achievement in boosting connectivity and drawing on each other’s strengths under the Belt and Road Initiative.

    Looking forward, FAW-Volkswagen is ready to constantly advance technical integration and innovative transformation and promote coordinated development of industrial chains through international exchanges and cooperation.

    FAW is a leading global manufacturer of quality passenger cars, trucks, and buses. Established in 1953, the company is China’s oldest and largest automotive group. Annual sales exceed three million units.

  • With a view to further enhance technological innovations and step up breakthroughs in core and key technologies, FAW Group Corporation (FAW) held the fourth Science and Technology Conference in Changchun, where FAW Group is headquartered, on October 30.

     Xu Liuping, Chairman of FAW Group Corporation released Innovation 2030 - FAW Hongqi R.Flag Technological Development Strategy at the conference.

    The conference was chaired by Qiu Xiandong, President of FAW Group Corporation

    Qin Huanming, Deputy Secretary of the CPC FAW Group Committee announced Decisions on awarding and honoring individuals and teams who made outstanding contributions in technological innovation.

    Wang Guoqiang, Vice President of FAW Group reviewed FAW’s scientific and technological innovation achievements during the 13th Five-Year Plan period (2016-2020), and released FAW’s Technology Development Objectivity in the 14th Five-Year Plan period (2021-2025).

    In the past five years, FAW Group fully implemented innovation-driven development strategy, steadily advanced scientific and technological innovations with regard to “new intelligence, new energy, new material, new process, new design and new craftsmanship,” and achieved fruitful outcomes in technological and ecological innovations as well as innovations in product and management.

    Going forward, FAW will stay committed to comprehensively and thoroughly implement the important remarks of Xi Jinping, General Secretary of the Communist Party of China Central Committee, who stressed aspirations and efforts to build strong domestic automobile brands when he visited the R&D headquarters of FAW Group during his inspection tour in northeast China's Jilin Province on July 23, 2020. During the 14th Five-Year Plan period (2021-2025), FAW Group will spare no effort to make breakthroughs in key and core technologies, advance development of self-owned brands, and build itself into a world-class automobile manufacturer at an early date.

    Xu Liuping, Chairman of FAW Group released Innovation 2030 - Hongqi R.Flag Technological Development Strategy and elaborated FAW’s technological development objectivity and route for implementation at the conference. Wang Guoqiang, Vice President of FAW Group reviewed FAW’s scientific and technological innovation achievements during the 13th Five-Year Plan period (2016-2020), and released FAW’s Technology Development Objectivity in the 14th Five-Year Plan period (2021-2025). Qin Huanming, Member of BOD, and Deputy Secretary of the CPC FAW Group Committee announced FAW’s decision on awarding and honoring individuals and teams who made outstanding contributions in scientific and technological innovative development of FAW.

    At the conference, FAW Group also announced to jointly establish basic application laboratories with Jilin University, Beihang University, Beijing Institute of Technology, and Shanghai Jiaotong University respectively.

    FAW is a leading global manufacturer of quality passenger cars, trucks, and buses. Established in 1953, the company is China’s oldest and largest automotive group. Annual sales exceed three million units.

  • Xu Liuping, Chairman of FAW Group Corporation (FAW) released Innovation 2030 - FAW Hongqi R.Flag Technological Development Strategy at the fourth Science and Technology Conference of FAW in Changchun on Oct 30. Xu Liuping, also Secretary of the CPC FAW Group Committee, elaborated FAW’s specific objectivities and implementation path in core and key technologies research and development.

    Based on FAW’s New Energy Vehicles (NEVs) & Intelligent Connected Vehicles (ICVs) Technological Development Strategy, which was released in 2019, FAW adhered to the innovation-driven sustainable development and developed the former strategy into the complete Innovation 2030 Technological Development Strategy, to match with the trend of auto electrification, intelligent, sharing and connectivity, as well as intensifying market competition.

    Taking into consideration of new industrial policies, cutting-edge technologies, new customers and new demands, Xu Liuping puts forward that the new era has raised new requirements for auto products, “auto electrification, intelligent connectivity, immersive experience, safety and healthy, sharing and digitalization should be the development trends of automotive industry in the future,” said Xu, adding that “the releasing of the Hongqi R.Flag Technological Development Strategy is FAW’s response to the new requirements, and will serve as FAW’s strategic framework in technological development.”

    FAW has clarified its technological growth direction and deployed seven sub-brands in technological development, with an aim to providing an overall guidance for FAW’s scientific and technological innovation, and accelerating enterprise transformation and upgrading and high-quality development by leaps and bounds.

    FAW is a leading global manufacturer of quality passenger cars, trucks, and buses. Established in 1953, the company is China’s oldest and largest automotive group. Annual sales exceed three million units.

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