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Nissan will start selling an EV based on the Renault Kwid in China in 2019.
Renault-Nissan will build EVs in China with Dongfeng
Bloomberg | 2017/9/1

BEIJING -- Renault-Nissan is increasing its bets on China's EV market by forming a new venture to produce battery-powered vehicles that meet the country's tighter emissions rules.

Renault and Nissan Motor Co. each will have a 25 percent stake in eGT New Energy Automotive Co., the automobile alliance said Tuesday. Partner Dongfeng Motor Group Co. will hold the remaining 50 percent.

The partners will design a new electric vehicle based on a small crossover platform developed by the alliance, it said. Investment details weren't provided.
Automakers are accelerating investments in EVs to meet stricter emissions and fuel-economy rules. China is implementing a cap-and-trade framework next year that will require carmakers that don't meet fleet fuel economy targets to buy carbon credits. 

Last week, Ford Motor Co. proposed to set up a venture with Anhui Zotye Automobile Co. to produce EVs. In May, Volkswagen Group received approval for a new venture with Anhui Jianghuai Automobile Group to produce EVs. Daimler and BMW Group also have EV brands under their partnerships with BYD Co. and Brilliance China Automotive Holdings. 

Kwid EV 
Earlier this year, Nissan announced plans to launch an electric car based on Renault's Kwid model in China in 2019, with a price of $8,000 (51,800 yuan). 

The Japanese carmaker has struggled to sell the Leaf electric car, sold as the Venucia e30, in China since 2014. The Venuciaí»s price was relatively high compared with most locally made electric cars.

Renault-Nissan is trying to make headway in a segment dominated by Chinese automakers.

Chinese companies held the top six spots on a global index of EV manufacturers. 

BYD, Jiangling Motors Corp. and BAIC Motor Corp. led the index, while U.S. carmakers did not make the top ten.

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