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  • China FAW Corporation Limited signed a memorandum of understanding (MoU) with its long-term partner Audi AG to establish a joint venture to produce electric vehicles based on the Premium Platform Electric (PPE) on Oct 13. The MoU was signed during the China-Germany Automobile Conference, which was held in Northeastern Chinese city of  Changchun from Oct 12-13.

    “The collaboration between FAW and Audi has set an example in China’s automobile industry,” said Qiu Xiandong, President of FAW, adding that the signing of the MoU also emphasizes FAW’s determination to open wider to the outside world and enhance international cooperation in NEV field. 

    From January through September 2020, FAW-Volkswagen Audi delivered 512,081 vehicles to customers in China, up 4.5 percent year on year. Despite the impact of coronavirus outbreak, Audi achieved the best result in its 32-year history in China.

    According to the MoU, the new Joint Venture will introduce the Premium Platform Electric (PPE), which was jointly developed by Audi and Porsche, to produce high-end electric vehicles. The production of the JV is scheduled to start in 2024.

    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.

  • CATL-FAW Power Battery Co., Ltd. (CFBC), a joint venture between FAW Group and power battery giant CATL, has been put into operation on September 28.

    Registered in January 2019, CATL-FAW is located in Xiapu County of Ningde, Fujian province. Its line of business includes the development, production and sale of lithium ion batteries, power batteries, energy storage batteries with ultra-large capacity and battery system, and the supply of relevant after-sales services.

    The power batteries produced by CFBC will be installed into the entire lineup of the vehicle models built on Hongqi's FME-platform and FAW-Volkswagen’s MEB-based models.

    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.

  • FAW Group (FAW) officially launched the presale of the E-HS9, Hongqi’s first luxury battery electric SUV model, with a price range of RMB 550,000 to RMB 700,000 at Auto China 2020 on Sept 26. 

    As the first luxury flagship battery electric SUV model under Hongqi brand, the E-HS9 represents a milestone achievement for Hongqi’s development in NEV field, and demonstrates FAW’s latest technologies in electrification and intelligent connectivity.

    The new model, retaining Hongqi family’s iconic design philosophy of “Chinese New Noble & Exquisite”, features dynamic appearance, exclusive prestige immersive experience, oriental aesthetics, rich configurations, intelligent technologies, outstanding safety standards, as well as healthy and environment-friendly materials. Equipped with a four-wheel-drive system and self-developed 160/245kW electric power system, the Hongqi E-HS9 emphasizes a high range and low electricity consumption. 

    Focused on auto electrification, intelligent, sharing and eco-friendly solutions, Hongqi brand is accelerating its pace in implementing R.Flag Technological Development Strategy. Hongqi brand plans to realize the commercialization of solid-state battery and promote its EVs range to 1,000km by 2025.  

    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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