Articles Tagged with "JMC"

Groupe Renault and JMCG officially establish a joint venture for electric vehicles in China
Groupe Renault and JMCG officially establish a joint venture for electric vehicles in China

Groupe Renault will increase its share capital by RMB 1 billion to become a major shareholder of JMEV with a 50% stake.

Jul. 17 , 2019
Groupe Renault and JMCG announce EV cooperation in China
Groupe Renault and JMCG announce EV cooperation in China

Groupe Renault and China’s Jiangling Motors Co., Group (JMCG) announced an agreement on EV area on December 20. According to the agreement, the French automaker will hold a significant part of JMEV, a subsidiary of JMCG.

Dec. 20 , 2018
JMC Jan-June profit plummets 42%
JMC Jan-June profit plummets 42%

JMC saw revenue decrease 8.8% in the first half of this year to RMB 14.287 billion while it posted net profit of RMB 319 million, down 42.31% from a year ago.

Aug. 30 , 2018
More JMC models to be equipped with Beidou Navigation System
More JMC models to be equipped with Beidou Navigation System

Even though Jiangling Motors (JMC) has launched many passenger vehicles in the past years, its core competence still lies in the commercial vehicle segment.

Nov. 29 , 2017
JMC plans to invest RMB 3.377 billion to build new plant in Nanchang
JMC plans to invest RMB 3.377 billion to build new plant in Nanchang

JMC revealed on Nov. 14 that they will build a new plant in Nanchang Xiaolan Economic and Technological Development Zone, Jiangxi Province to enlarge their production capacity.

Nov. 15 , 2017
JMC NEV new base begins construction with a total investment of RMB 12 billion
JMC NEV new base begins construction with a total investment of RMB 12 billion

JMCG NEV new base and engineering research institute are important parts in JMCG’s layout for NEV R&D, manufacturing, sales and intelligent transportation.

Oct. 30 , 2017