Taking its cue from the announcement that China has set its eyes on promoting the use of clean energy vehicles, Renault and Nissan have signed an agreement with the Chinese government to sell electric cars by 2011.
Under the agreement, the Franco-Japanese alliance will provide the Ministry of Industry and Information Technology (MIIT) with an integrated marketing scheme for electric cars, which includes the establishment of a battery-charging network.
The Ministry and Renault-Nissan have selected Wuhan, the capital city of Hubei Province, to be the first city to carry out the program. But the company did not reveal the financial terms of the agreement or the number of vehicles to be offered to the city, according to the report.
(Source) China Knowledge
Tags: china, chinese government, clean energy, electric cars, energy vehicles, information technology, japanese alliance, Renault, renault nissan