Tara Patel and Ania Nussbaum

Business, Technology

Renault to Invest in Jiangling Electric Car in China

Renault Andrey Rudakov/Bloomberg News

Renault SA will invest 128.5 million euros ($144 million) for a 50% stake in a venture with Jiangling Motors Corp. to develop electric vehicles in China, part of a push by the French company to make further inroads into the world’s biggest car market.

July 17, 2019