Automotive Nov 06, 2020 02:39 PM (GMT+8) · EqualOcean
As per the agreement, the joint venture of FAW and Volkswagen (FAW-Volkswagen) plans to purchase CKDs (complete knock down kits) from Volkswagen Group and import complete vehicles for Audi brand in 2021. In addition, Volkswagen AG has launched two ID.4 electric vehicles for the Chinese market, taking on the likes of Tesla, NIO, Xpeng, etc in the world's biggest auto market. The ID.4 CROZZ model is being made by the joint venture mentioned above, while the ID.4 X is produced by a separate venture with SAIC Motor.
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