Audi has launched construction of a plant in China to capitalize on the booming market there for electric vehicles.
The factory, set to come online by the end of 2024, will be dedicated to producing models based on Audi's new Premium Platform Electric architecture designed for EVs, the company said.
Audi is building the plant in the northeast city of Changchun, bidding to ramp up EV output in the world's biggest EV market. The project will include the construction of an adjacent facility to assemble high-voltage batteries, Audi said.
The Changchun plant will be capable of producing more than 150,000 vehicles a year, with the first three models to be marketed under Audi's A6 e-tron and Q6 e-tron series, the company added without divulging additional details on the models.