SAIC Motor, China's largest carmaker, has signed a memorandum of understanding with German carmaker Audi on jointly developing intelligent and electric vehicles.
Both sides will leverage their respective advantages and strengths to speed up Audi's development of new electric vehicles to meet the demand of Chinese customers for premium connected electric vehicles. SAIC Motor will make full use of its own technological advantages to jointly develop new products with Audi.
In 2014, SAIC Motor launched its innovative development strategy in electrification, intelligent connectivity, sharing, and globalisation. It is a leader in the innovative development of new energy vehicles and intelligent driving vehicles, nurturing new growth drivers through innovation and transformation.
Based on their successful cooperation and strengths in innovative technologies, SAIC Motor and Audi will expand the depth and breadth of their cooperation to launch next-generation electric vehicle models quickly and efficiently to enter new market segments.