The venture Dongfeng Motor Corp. aims to develop a vehicle based on an SUV platform shared by Renault and Nissan
A Honda CR-V RM manufactured by Dongfeng Honda, photo: Wikimedia
29 of August 2017 13:36:16
BEIJING – Automakers Renault and Nissan say they will develop electric cars with a Chinese state-owned partner, adding to a series of tie-ups between global auto brands and local partners in the biggest electric vehicle market.The venture Dongfeng Motor Corp. aims to develop a vehicle based on an SUV platform shared by Renault and Nissan, the companies announced Tuesday. Production is due to begin in 2019.Global automakers are investing heavily to develop electric vehicles for China, responding to rising demand and government pressure on the industry to speed up technology development.Chinese planners see electrics as a promising industry and a way to clean up smog-choked cities. They have supported sales with subsidies to buyers, while a proposed quota system will require automakers to meet targets for electric vehicle production or buy credits from competitors that do.