New Powertrain plant with total built area of over 24,000 square meters starts operation
Rides high on growing demand due to increasing focus by Government on road safety
Aims at growing three times in the next three years
To focus on new energy vehicle vatteries
Groupe Renault will increase its share capital by RMB 1 billion to become a major shareholder of JMEV with a 50% stake.
Plans to leverage its deep presence by being an enabler for the EV charging facility through its network of retail outlets
Has started production of the new MQ281 gearbox.
Part of strategic initiative to strengthen and expand presence in last-mile e-mobility space
Volkswagen to join Ford in investing in Argo AI, the autonomous vehicle platform company, at a valuation of more than $7 billion.