Renault Group CEO Luca de Meo, along with the management team, visited Dongfeng.

Renault Group's CEO, Luca de Meo, and the management team pay a visit to Dongfeng.

【PhoneAuto News】Recently, PhoneAuto noticed that according to Dongfeng Motor’s news, Luca de Meo, the CEO of Renault Group, led the management committee members to visit Dongfeng Motor Group Co., Ltd. in China, where they held in-depth discussions with the senior management of Dongfeng Motor Company to explore future cooperation opportunities.

This visit is another important move by Renault Group in the development of the Chinese market and its business in China. As long-term global partners, Renault Group and Dongfeng Motor Company have maintained a good cooperative relationship. The two parties, along with Nissan, jointly established EGT New Energy Automotive Co., Ltd., which produces nearly 100,000 pure electric vehicles annually and exports them to Europe under the Dacia brand.

As one of the important projects of their cooperation, EGT New Energy Automotive Co., Ltd. has launched several well-received new energy vehicles in the Chinese market since its establishment. These models not only perform excellently in terms of performance, range, and safety, but also fully demonstrate the leading technological strength of Renault Group in the field of new energy vehicles.

It is worth mentioning that, according to information obtained by PhoneAuto, Renault is planning to vigorously develop its new energy vehicle business. On October 25th, Renault announced that as part of its global strategy, the company will invest 3 billion euros (about 23.2 billion RMB) by 2027 to launch 8 new models and increase the sales of electric vehicles outside of Europe. Fabrice Cambolive, CEO of the Renault brand, stated: “As our product renewal gains traction in the European market, we now need to make the Renault brand more global and more profitable. By 2027, electric and hybrid vehicle sales outside of Europe should account for one-third.”

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