NEVS has a long-term commitment to the Chinese market and we are dedicated to work with partners who share our vision of shaping mobility for a more sustainable future. We highly value Renesas Electronics’ experience in developing systems for new energy vehicles and their efforts in environmental and innovation solution.

—NEVS Vice Chairman and Group Executive Director Stefan Tilk

In August, NEVS and Dongfeng Motor Corporation (Dongfeng) signed a strategic cooperation agreement to achieve global industrial synergies. According to the agreement, Dongfeng will support NEVS on the construction of new energy vehicles production and R&D in Tianjin and the formation of NEVS’ sales and service with support from Dongfeng’s dealer network. Dongfeng will also support NEVS to achieve the new energy vehicle mass production. (Earlier post.)