BEIJING -- Renault-Nissan has increased its bets on China's electric-vehicle market, the world's biggest, by forming a new venture to produce battery-powered vehicles that meet the country's tighter emissions rules.
BEIJING -- Renault-Nissan has increased its bets on China's electric-vehicle market, the world's biggest, by forming a new venture to produce battery-powered vehicles that meet the country's tighter emissions rules.
The expected tariff cost is significantly lower than the $4 billion to $5 billion crosstown rival General Motors estimates, which Ford attributes to its higher mix of U.S.-built vehicles.