Renault-Nissan and Dongfeng partner to build electric cars for China.
Another major automaker is setting up a dedicated joint venture to build EVs for the growing demand in China, joining Ford and Volkswagen: This time, it’s Nissan-Renault, which will work with China’s Dongfeng Motor, an automaker it partnered with last year to open its first factory in China. Automakers from outside China basically need a local dancing partner in order to make and sell vehicles in the country, without incurring huge import taxes that would basically render their operations unsustainable.