FAW and Fudi have established a joint venture to provide battery cells for FAW Fudi New Energy Technology Co., Ltd.

In the 381st batch of new energy vehicle announcements, FAW and Fudi jointly established FAW Fudi New Energy Technology Co., Ltd. to provide battery cells for Hongqi EH7. This cooperation marks the in-depth cooperation between the two parties in the field of new energy vehicles, which is expected to further enhance the market competitiveness of the products.