BEIJING, (Reuters) – Volkswagen premium brand Audi said on Monday it would jointly develop a new China-specific platform for intelligent and electric vehicles with its Chinese joint venture partner SAIC.
The move, coming about 10 months after VW’s landmark Chinese partnership deal, highlights mounting pressure on western brands and legacy automakers to rejig to survive an intensifying EV race in the world’s largest auto market. Continue reading “Audi, partner SAIC to develop China-specific EV platform”