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Audi gets green signal for $3.3 billion electric vehicle JV with FAW in China

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Audi gets green signal for $3.3 billion electric vehicle JV with FAW in China German luxury car brand Audi has received approval for setting its $3.3 billion electric vehicle joint venture with FAW in China, reports Reuters. The two automakers will start construction of their EV joint venture plant soon in Jilin province. (Also Read: Audi mulling local production of electric cars in India, aims more volume ) Similar Cars [Find More Cars] The construction work of the plant will start in April this year and the companies will invest a total of $3.29 billion in the facility. The EV…

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