FAW

In May, FAW's Hongqi brand confirmed that it will use Horizon Robotics' chips in a new model.

FAW has approached Didi and pledged to help it resolve issues related to data security and pave the way for a Hong Kong listing, according to Bloomberg.

The plant is expected to be completed in December 2024 and will introduce the PPE (Premium Platform Electric) platform developed by Audi with Porsche.

The project will introduce the PPE EV platform developed by Audi in cooperation with Porsche, with the first model to go into production in 2024.

Pony.ai will work with FAW to build a fleet of self-driving demonstration operations and collaborate on commercial operations in Guangzhou, Beijing, Shanghai, Changchun and Nanjing.

Hongqi has delivered the first 100 units of its E-QM5 model, and by the end of November, 2,000 units will be in operation.

FAW-Audi is currently producing for several days and then taking several days off because of a severe chip shortage, with the A6L production scheduled for just one day in September, cls.cn said Tuesday.

Its performance is more powerful than Tesla's Model S Plaid, which has just begun deliveries, with a 0-100km/h acceleration time of 2.1 seconds and a top speed of 322km/h.

The new PPE joint venture is expected to be established in the first quarter of 2021 after approval by all shareholders and Chinese regulators.

Chinese Auto maker FAW announced on October 13 that it has signed a memorandum of understanding with longtime partner Audi in Changchun to establish a joint venture company to produce electric vehicles.