FAW’s luxury brand Hongqi to intro 15 BEVs by 2025; first one this year

Green Car Congress
By mmillikinJan 29, 2018, 3:45 am224 pts
China FAW Group Corporation (FAW), a major state-owned automaker, recently released a new development strategy for its Hongqi luxury brand. FAW seeks to boost Hongqi’s annual sales to 100,000 vehicles by 2020 and 300,000 and 500,000 vehicles by 2025 and 2035, said Xu Liuping, Chairman of FAW Group. According…

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