FRENCH automaker Renault is using its Chinese development centre to design new models aimed at markets outside the EU, reports Hong Kong's South China Morning Post.
A senior executive said the company seeks to cut production costs and accelerate development by applying insights from the mainland market.
The company launched its Advanced China Development Centre (ACDC) in Shanghai last year, which employs 200 people who are focused on developing electric vehicles (EVs) for the European market.
'ACDC is growing into a very important engineering centre, and we want it to work for the globe,' said Vincent Piquet, chief financial officer at Renault Group's EV division Ampere.
Mr Piquet said the Shanghai operation was working on developing battery-powered models for Ampere and Renault to sell to markets outside Europe. Renault operates in more than 100 countries and regions worldwide, with a primary focus on Europe. Brazil and South Korea are also major markets for the company.
SeaNews Turkey
A senior executive said the company seeks to cut production costs and accelerate development by applying insights from the mainland market.
The company launched its Advanced China Development Centre (ACDC) in Shanghai last year, which employs 200 people who are focused on developing electric vehicles (EVs) for the European market.
'ACDC is growing into a very important engineering centre, and we want it to work for the globe,' said Vincent Piquet, chief financial officer at Renault Group's EV division Ampere.
Mr Piquet said the Shanghai operation was working on developing battery-powered models for Ampere and Renault to sell to markets outside Europe. Renault operates in more than 100 countries and regions worldwide, with a primary focus on Europe. Brazil and South Korea are also major markets for the company.
SeaNews Turkey
