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Renault-Nissan and Dongfeng to set up new three-way JV to produce EVs

PARIS/BEIJING – The Renault-Nissan Alliance and Dongfeng Motor Group Co., Ltd. announced on August 29 that they have set up a new joint venture – eGT New Energy Automotive Co., Ltd. – to co-develop, produce and sell electric vehicles. Renault and Nissan will each hold 25 percent shares of eGT,

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