On June 28th, Audi FAW New Energy Vehicle Co., Ltd. broke ground on its first battery-electric vehicle-dedicated factory in Changchun, Jilin Province.
The company will pour 35 billion yuan into the project. The factory can be expected to start operation in the end of 2024, with a designed production capacity of over 150,000 vehicles per year.
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.