The Renault-Nissan Alliance and Chinese manufacturer Dongfeng have announced a new joint venture to co-develop and market electric vehicles in China.
Dubbed eGT New Energy Automotive, the new joint venture will leverage on the strengths of each partner – in this case Renault-Nissan’s electric vehicle experience and presence, along with Dongfeng’s resources in the new energy industry towards meeting the needs of the Chinese market.
The new joint venture will design a new EV with ‘intelligent interconnectivity’, which the alliance says will be in line with Chinese customers’ expectations. The future model will be built upon a compact SUV platform jointly developed by Renault-Nissan and Dongfeng, drawing upon expertise from the alliance’s EV technology and car design experience with Dongfeng’s manufacturing cost-competitiveness.
“The establishment of the new joint venture with Dongfeng confirms our common commitment to develop competitive electric vehicles for the Chinese market. We are confident to meet the expectations of the Chinese customers and to strengthen our global electric vehicle leadership position,” said Carlos Ghosn, chairman and chief executive of the Renault-Nissan Alliance.
The new eGT base will be located in Shiyan, Hubei Province in central China, where the Dongfeng plant will manufacture the new SUV-based EV with a production capacity of 120,000 units annually. Production of the new EV is forecasted to begin in 2019.
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Good job Nissan ETCM!! Global electric vehicle leadership beckons!
ETCM will tido cuz too successful and then bring this in after 3030.