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Renault Group and JMCG officially establish joint venture
On July 17, Renault Group and Jiangling Motors Co., Group (JMCG) announced the official founding of a joint venture. With a capital increase of CNY 1 billion, Renault Group became a shareholder of Jiangxi Jiangling Group Electric Vehicle Co., Ltd. (JMEV) with 50% of the JMEV shares. The joint venture has already comp....
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