The Digital Source For China's Tech Innovation Since 2000

China Tech Buzz

Global News Impacting Chinese Tech

China Offers Light to Audi-FAW’s $3. 3 Billion Electric Vehicle Company

News Snapshot:

“. concat(self. i18n. t(‘search. voice. recognition_retry’), “ By Brenda Goh SHANGHAI (Reuters) – Volkswagen’s Audi and its Chinese state-owned FAW Group have won approval from the Chinese government to start the structure of their $3. 3 billion electric vehicle joint venture plant, according to a government notice. The project regulator of northeastern China’s Jilin province said work on the plant, which will be in the provincial capital of Changchun City, is expected to begin in April and that companies will invest a total of 20. 93 billion yuan ($3. 29 billion) in the plant. The plant will start production in…

Other China Tech Buzz: