SAIC Motor, China’s largest carmaker, announced on July 27 that it signed an MoU (Memorandum of Understanding) with German carmaker Audi on jointly developing intelligent and electric vehicles.

According to the MoU, both sides will leverage their respective advantages and strengths to speed up Audi’s development of new electric vehicles in order 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 the fields of 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 respective strengths in innovative technologies, SAIC Motor and Audi will actively expand the depth and breadth of cooperation to launch next-generation electric vehicle models quickly and efficiently to enter new market segments.