Tags: Chinese electric vehicles market

Renault with JMCG forms joint venture to target the Chinese EV market

Renault has formed a joint venture partnership with Jiangling Motors Corporation Group (JMCG) to target the Chinese electric vehicles (EV) market, in a deal which will also see Renault take a 50% stake in the new venture. Renault said it would increase its share capital by around 1 billion Chinese RMB, or roughly 128.5 million […]

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