Other partners include Constellium, Groupe Renault, Institut de Soudure (Welding Institute) and the University of Lorraine within the ISA3 project.
Will report to Luca de Meo, Chief Executive Officer.
To enhance efficiency and competitiveness in products and technologies.
Will be located at the Renault plant in Flins (France) and will start production next July.
To exit ICE PV segment; transfers its shares to Dongfeng
As Executive Vice-President Engineering and a member of the Group Executive Committee (CEG)
Groupe Renault will increase its share capital by RMB 1 billion to become a major shareholder of JMEV with a 50% stake.
Blames it on ‘French political conditions’
Combined business to be 50% owned by FCA shareholders and 50% by Groupe Renault shareholders – balanced governance structure and majority
Will cover all automotive design sectors, including exterior and interior design, colors and materials, UX design and UI design.