Renault has established a joint venture with state-owned Chinese automaker Jiangling Motors Group by agreeing to acquire a 50 percent stake in Jiangling Motors' electric vehicle subsidiary for 1 billion yuan ($145 million).
Renault has established a joint venture with state-owned Chinese automaker Jiangling Motors Group by agreeing to acquire a 50 percent stake in Jiangling Motors' electric vehicle subsidiary for 1 billion yuan ($145 million).