Wednesday, October 18, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
ICDM to Establish New Display Evaluation Standards Based on Samsung and LG Proposals
Globalfoundries and Intel to Talk About 10, 7nm at IEDM
Intel and Mobileye Offer Present Algorithms to Prove the Safety of Autonomous Vehicles
Chinese BOE and CSOT to Invest in Japanese JOLED, Adding Pressure to South Korean Rivals
Samsung's 8nm LPP is Ready For Production
Intel Advances Artificial Intelligence With Nervana Neural Network Processor
Razer Launches Quad-core Blade Stealth Laptop and Core V2 External Graphics Enclosure
Google Designed New Pixel Visual Core Chip Internally
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > General Computing > Renault...
Last 7 Days News : SU MO TU WE TH FR SA All News

Tuesday, August 29, 2017
Renault-Nissan to Build Electric Cars with China's Dongfeng


The Renault-Nissan Alliance and Dongfeng Motor Group Co., Ltd. (Dongfeng) announced a new joint venture to co-develop and sell electric vehicles (EV) in China.

The new joint venture, eGT New Energy Automotive Co., Ltd. (eGT), will focus on the core competencies of each partner and will harness the potential of the Renault-Nissan Alliance electric vehicle leadership, as well as the resources of Dongfeng in the new energy industry, to meet the expectations of the Chinese market.

eGT will be jointly developed by the Alliance and Dongfeng on an A-segment SUV platform of the Renault-Nissan Alliance.
Renault, Dongfeng and Nissan (China) Investment Co., Ltd. (Nissan) have signed an agreement to set up the new joint venture. Renault will hold 25 percent of eGT, Nissan will hold 25 percent and Dongfeng the remaining 50 percent.

The newly formed eGT is planned to be based in the City of Shiyan, Hubei Province in central China. The electric vehicle will be produced at the Dongfeng plant of Shiyan which has a production and sales capacity of 120,000 vehicles a year. Start of production of the new EV is forecast in the year 2019.

China, the world's biggest auto market, wants all-electric battery cars and plug-in hybrids to account for at least one-fifth of its vehicle sales by 2025, as policymakers grapple with alarming pollution levels in major cities.

Ford Motor Co said earlier this month it was exploring a joint venture with carmaker Anhui Zotye Automobile Co to build electric vehicles under a new brand, in competition with China manufacturing plans previously announced by Tesla, Daimler and General Motors.

Hybrid pioneer Toyota had dismissed battery-only vehicles until it abruptly reversed course last year, confirming electric-car investment plans that largely reflect Beijing's demands.

China's latest quota proposals, due to take effect as soon as next year, would require 8 percent of automakers' sales to be battery electric or plug-in hybrids - rising to 10 percent in 2019 and 12 percent in 2020.



Previous
Next
Apple and Accenture Partner to Create iOS Business Solutions        All News        Google Responds to Apple's ARKit With ARCore AR Development Tool
Apple and Accenture Partner to Create iOS Business Solutions     General Computing News      Google Responds to Apple's ARKit With ARCore AR Development Tool

Get RSS feed Easy Print E-Mail this Message

Related News
Nissan Leaf Got Upgraded to Compete With Tesla's Models

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2017 - All rights reserved -
Privacy policy - Contact Us .