FRANKFURT (Reuters) – German premium brand Audi is in talks with long-term partner FAW Group [SASACJ.UL] about creating a second joint venture to build electric cars on its PPE platform in China, Germany’s Automobilwoche reported on Saturday.
Audi and FAW have a Chinese joint venture to build combustion-engined cars in the northeastern city of Changchun and the southern city of Foshan.
An Audi spokeswoman declined to comment on the report.
Reporting by Edward Taylor; editing by Jason Neely