Audi to make electric cars with China's oldest carmaker FAW

Audi is teaming up with China's oldest carmaker FAW to produce luxury electric vehicles. FAW is China's third largest carmaker, and counts Hongqi - or Red Flag - limousines for China's communist party leaders among its products. Audi's latest move comes amid a backdrop of increasing competition in China's electric car market. China's electric vehicle sales are tipped to reach 1.8 million units this year, according to the China Association of Automobile Manufacturers. Many have partnered with China's big technology companies to manufacture smarter electric vehicles.

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