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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.
Joint venture: Industry: Automotive: Founded: 2008 ... Renault Tanger Méditerranée is an industrial site of the Renault Group, ... Africa and the MENA region. On ...
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 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 ...
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.
Share of the SA des Usines Renault, issued 1 January 1932 to Louis Renault. Renault S.A., commonly referred to as Groupe Renault (UK: / ˈ r ɛ n oʊ / REN-oh, US: / r ə ˈ n ɔː l t, r ə ˈ n oʊ / rə-NAWLT, rə-NOH, [7] [8] French: [ɡʁup ʁəno], also known as the Renault Group in English), is a French multinational automobile manufacturer established in 1899. [9]
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]
It has subsidiaries in Argentina, Brazil, Colombia, Algeria, Morocco, Ukraine, South Korea, and the European Union and joint-ventures in Russia, Turkey and India. [2] The firm has developed online vehicle sales. In Brazil, 20% of the Renault KWID models sold in 2018 were booked online using RCI e-payment.