FAW and Changchun City Partner to Launch Eight New EV Models
8
over 3 million units
What Happened
On July 12, FAW Group signed a strategic cooperation agreement with Changchun city government to deepen collaboration on the high-quality development of China's automobile sector. The agreement focuses on introducing eight NEV models under the Hongqi and Volkswagen brands, enhancing industrial chain competitiveness, and making breakthroughs in key core technologies.
- Introduce eight NEV models under Hongqi and Volkswagen
- Enhance core competitiveness of industrial chains
- Make breakthroughs in core technologies in key fields
over 3 million units
FAW is China's oldest and largest automotive group.
Why this matters
This partnership aims to boost NEV production and strengthen Jilin province's auto manufacturing sector, advancing China's transition to electric vehicles.
Terms in This Story
- NEV
- New Energy Vehicle, a term for electric or plug-in hybrid vehicles in China.
- Hongqi
- A luxury car brand owned by FAW Group, known for official and high-end vehicles.
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