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.