BERLIN — Audi’s three way partnership to construct electrical autos in China with state-owned FAW Group is delayed attributable to a delay in approval by the related authorities, Audi mentioned.

Constructing work can be initiated as quickly as doable, the automaker’s spokesperson mentioned on Monday, with out giving a begin date for both the development of the plant or the manufacturing of vehicles.

German auto publication Automobilwoche, a sister publication of Automotive Information Europe, first reported on Monday that the license for Audi and FAW to start constructing the plant, which was attributable to begin producing vehicles from 2024, is anticipated to reach in December after intervention from Germany’s financial ministry.

The German financial ministry was not instantly accessible to remark. 

Audi signed a memorandum of understanding with China’s state-owned FAW Group in October 2020 to collectively produce premium EVs in China, the world’s largest automobile market.

The German automaker has a longstanding partnership with FAW to make combustion engine vehicles within the northeastern metropolis of Changchun and the southern metropolis of Foshan.

FAW owns 40 % of the three way partnership, whereas VW and Audi personal 60 %.

Audi additionally plans to make autos with Shanghai-based automaker SAIC Motor, with a aim for electrified autos to account for a 3rd of Chinese language gross sales by 2025.