TEMPO.CO, Jakarta - China has become the main destination for global car manufacturers to develop electronic vehicle (EV) lineup due to a high demand. Recently, Nissan-Renault announced it would establish an EV factory there.
Renault-Nissan will partner with Dongfeng Motor Group to establish a factory named eGT New Energy Automotive, as reported by Telegraph. Each of the manufacturers will share equal shares in the company.
The eGT New Energy Automotive will be producing battery-powered electric vehicles (BEV) by using Renault-Nissan’s sports utility vehicle (SUV) lineup as its basis. Dongfeng is said to be tasked to construct a low-cost production facility.
This partnership will ensure that China will be having the largest EV market in the future. China’s electric powered vehicle market successfully sold 256,000 units in 2016 which equates to 0.9 percent from the total sales of motorized vehicles.
China has even already sold 204,000 electric cars during the first seven months of 2017 or three-quarters of last year’s total sales. The high demand for electric cars in China is due to the support from its government in the figures of subsidy and incentives.
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