http://www.chinaautoreview.com/register/publication.aspx?t=car

Renault first foreign automaker to control a Chinese vehicle JV after ¥1 billion investment in JMEV

by Lei Xing   2019-07-19

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BOULOGNE-BILLANCOURT, France – Groupe Renault has become the first traditional foreign automaker to take majority control of a Chinese vehicle joint venture after the French automaker announced a ¥1 billion investment into JMEV, previously an electric vehicle subsidiary of now partner Jiangling Motors Corp.
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