German luxury automaker Audi will be building a new plant for all-electric models in China through Audi-FAW NEV Company Ltd., a company jointly founded by Audi and its partner FAW, a press release from Audi says.
The company aims to expand the local electric range of offerings using its Premium Platform Electric (PPE), which Audi jointly developed with Porsche. With a capacity to produce more than 150,000 electric cars annually, construction for the new plant is to begin in Changchun.
Markus Duesmann, Chairman of the Board of Management of AUDI AG says, “The Audi-FAW NEV Company will play a central role in our electrification strategy in China. We are excited to have achieved another important milestone in the realization of this project along with our partner FAW. Now we can give all our attention to the continued setting-up of the company as well as begin with construction on the new plant,”.
Built on an area of approximately 150 hectares, the highly modern CO2 neutral and fully connected plant will be constructed by the end of 2024. In addition to an in-house battery assembly, the plant will include a press shop, body construction, paint shop, and final assembly line. Erection of the first buildings will undergo when the frost season ends.
Three models based on the PPE platform are in the initial plans for production at the site. An electric SUV and an e-limousine will be the first vehicles to roll off the line.