Renault-Nissan are teaming-up with Dongfeng Motor to form eGT New Energy Automotive Co. Photo credit - Pixabay
French car giant Renault has revealed plans to make half its vehicles electric or hybrid by 2020.
The proposals follow rising demand for new energy vehicles, especially in the crucial and fast-growing Chinese market.
US manufacturer Ford has also recently revealed that 70 percent of its sales in China will be either hybrid or electric by 2025.
Meanwhile Volkswagen is keen to have a share of China's fast-growing, and potentially enormous, market for electric vehicles.
Over a third of VW's foreign sales currently come form China, and now the firm plans to further cement this position by rapidly transforming its product range.
By 2020, VW aims to sell predominantly electric or hybrid vehicles in China, through partnerships with local firms as well as ride-hailing pioneer Didi.
The Renault news comes after we revealed in August that the Renault-Nissan alliance had become the latest in a recent line of manufacturers to announce plans to build electric cars in China.
Renault-Nissan are teaming-up with Dongfeng Motor to form eGT New Energy Automotive Co.
The new company aims initially to launch a mini-SUV, which will be electrically powered and available to consumers from 2019.
The cars will be built in China and it is expected that they will be sold under the individual labels of Nissan, Renault and Dongfeng.