Beijing (Gasgoo)- On March 11, FAW Audi Sales Co., Ltd. (FAW Audi）and Zhongsheng Group Holdings Limited signed a strategic cooperation agreement in Hangzhou, aiming to strengthen collaboration. The partnership will focus on dealership network expansion, new energy vehicle (NEV) business, pilot programs for innovative business models, and enhancing user experience.
As part of their cooperation, FAW Audi and Zhongsheng Group plan to establish at least 10 new sales outlets in 2025 to support the development of FAW Audi's dealership network. Additionally, the two companies will explore new business models in NEV development and other emerging business scenarios, offering consumers a more diversified brand and product experience.
In 2024, FAW Audi logged annual sales of 611,088 vehicles, including 550,136 domestically produced oil-fueled vehicles. In early 2025, FAW Audi reported strong momentum, with 54,270 vehicles sold in January, achieving year-on-year growth, and 33,630 vehicles sold in February.
To meet the evolving demands of Chinese consumers, FAW Audi remains committed to a dual-track strategy of oil-fueled vehicle and NEV development. In 2025, the joint venture plans to introduce five new models, including the Audi A5L, the new Audi Q5L, and the new Audi A6L e-tron. Notably, all models will feature an advanced intelligent driving assistance system co-developed with Huawei, delivering enhanced safety, efficiency, comfort, and luxury for Chinese users.
