FAW will partner with Silk EV of U.S. in Hongqi sports car manufacturing project

On April 25, various media sources reported that the Changchun municipal government, China FAW Group Co., Ltd. (FAW) and Silk EV LLC (Silk EV, an American automotive engineering and design company) signed a letter of intent for cooperation on the Hongqi S-series project. Silk EV will invest CNY 10 billion in developm....

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