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FAW-Volkswagen completes Foshan Plant Phase II, to introduce MEB architecture and battery systems by 2020

FOSHAN, Guangdong – FAW-Volkswagen began production at its Foshan Plant Phase II on June 22, doubling annual output capacity from 300,000 units to 600,000 units at this southern production base. The first Volkswagen brand SUV model built by FAW-Volkswagen – the T-Roc – officially rolled off the line in April and

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Faurecia and FAW Group team up to develop future cockpits and mobility solutions

SHANGHAI – French supplier Faurecia signed a strategic partnership framework agreement with FAW Group on June 11 to develop cockpit of the future technologies and sustainable mobility solutions. The two companies are expected to cooperate on several fields: Develop Cockpit of the Future solutions and services for a personalized

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Byton closes $500 million Series-B financing round led by FAW Group, opens Nanjing global HQ

Dr. Daniel Kirchert NANJING – Byton concluded its Series-B financing round on June 11, attracting a total of $500 million from multiple investors led by FAW Group, as well as Tus-Holdings, Chinese battery manufacturer CATL, among others. The Chinese smart EV startup also officially opened its global headquarters in Nanjing, Jiangsu Province

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Benteler and FAWAY establish JV in Tianjin to produce chassis components

TIANJIN – Benteler Automotive and FAWAY Automotive Components Co., Ltd., a subsidiary of FAW Group, signed a contract on June 4 here to establish a new joint venture to produce press, hot forming and aluminum parts as well as chassis systems. FAWAY Benteler Automotive Components (Tianjin) Co., Ltd. will help

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Byton sticking with Q4 2019 SOP, FAW cooperation a “backup plan”

BEIJING – As Byton prepares for the global debut of its second model – a luxury sedan concept capable of L4 autonomous driving – coming up on June 12 at the Byton Night prior to the start of this year’s CES Asia in Shanghai, the primary focus remains to be

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Qingdao facility part of three new factories Volkswagen to open in China to strengthen SUV offensive and e-mobility

QINGDAO, Shandong – FAW-Volkswagen opened its new production facility in Qingdao, Shandong Province on May 28 and began production of the all new Bora based on Volkswagen’s MQB platform. The Qingdao plant is one of the three new facilities the joint venture will have opened before the end of Q3 2018,

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Audi and FAW sign MOUs to create new sales and mobility services companies in China

GENEVA – Audi’s planned two-partner strategy in China took another step forward on March 7 when it and partner FAW Group signed memoranda of understanding here on the sidelines of the Geneva Motor Show for the creation of two new companies for sales as well as mobility and digital services. The

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Audi to produce seven new SUVs in China by 2022, cooperation with SAIC Motor taking shape

INGOLSTADT – Audi plans to launch 10 new SUVs in the Chinese market by 2022, seven of those will be locally-produced at FAW-Volkswagen and four will be all-electric, according to Audi CEO Rupert Stadler. Stadler made the announcement at the luxury brand’s annual press conference held at its Ingolstadt headquarters on

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