Search results
Results From The WOW.Com Content Network
According to the terms of the deal, Renault–Nissan is investing 23₽ billion (US$742 million) for 67.13% of the joint venture by mid-2014. As part of the deal, Renault–Nissan chairman and CEO Carlos Ghosn will become chairman of the board of the joint venture, called Alliance Rostec Auto BV.
The joint venture project was announced in November 2022 and codenamed Horse project by Renault and Rubik project by Geely. [1] [2] The Renault Group and Geely namesake brands would be the first to receive the powertrains and they would later be supplied to Dacia, Volvo, Lynk & Co and Proton cars, [3] as well as Nissan and Mitsubishi Motors ones. [4]
Carmakers Renault and Geely have announced a joint venture to build engines for hybrid and gasoline-powered vehicles, with the partners investing a maximum of €7 billion ($7.7 billion) in total.
This joint venture was created for the collaborative development and sale of electric vehicles in China. Renault and Nissan each hold a 25% stake in eGT, while Dongfeng owns the remaining 50% of the shares. eGT has established its production facility in Shiyan City, Hubei Province, located in the central region of China. [3]
The JV is aimed at manufacturing more efficient internal combustion engines and hybrid systems at a time when the focus of much of the automobile industry has been on the capital-intensive ...
The joint venture was formed in 2007. On 15 April 2010 Mahindra & Mahindra and Renault together announced restructuring plans by which Mahindra would buy Renault's share in the joint venture [1] and Renault would continue to provide the support for M&M through license agreement and continue to be supplier of key components.
Joint venture: Industry: Automotive: Founded: 2008 () Headquarters: Tangier, Morocco. ... Renault Tanger Méditerranée is an industrial site of the Renault Group, ...
Jiangxi Jiangling Group New Energy Vehicle Co., Ltd. (traded as JMEV) is a joint venture headquartered in Nanchang, China, and owned by Groupe Renault (as a majority holder), Jiangling Motors Corporation Group (JMCG) and China Agricultural Development Construction Fund Corporation.