Renault-Nissan, China's Dongfeng announce e-car venture

Automakers Renault and Nissan say they plan to develop electrical automobiles with a Chinese language state-owned associate.

The enterprise introduced Tuesday with Dongfeng Motor Corp. provides to a string of tie-ups between overseas automakers and Chinese language companions to create electrical automobiles for China, the most important marketplace for the know-how.

The businesses stated they goal to develop a car based mostly on an SUV platform shared by Renault and Nissan and draw on Dongfeng’s manufacturing.

Renault SA and Nissan Motor Corp. have a large-ranging alliance to share know-how and manufacturing. Dongfeng assembles automobiles for Nissan, Kia and different overseas manufacturers and owns a share of France’s PSA Peugeot Citroen.

Ford Motor Co. introduced an analogous electrical automotive enterprise final week with one other Chinese language companion.

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