The Renault-Nissan Alliance and Dongfeng Motor Group have formed a new joint venture to co-develop and sell electric vehicles in China.
The new joint venture, eGT New Energy Automotive Company, or eGT for short, will focus on the core competencies of each partner and will “harness the full potential of the Renault-Nissan Alliance electric vehicle leadership”, according to the companies.
It will also combine the resources of DFG in the new energy industry, to meet the expectations of the Chinese market. [Read more…] about Renault-Nissan and Dongfeng agree joint venture to develop electric vehicles in China