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