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Renault is leveraging multiple alliances as it prepares a global onslaught of new models.
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The Chinese auto industry’s growth model is shifting as domestic and export market fortunes diverge.
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Under the bill, the US Department of Commerce would be empowered to identify and block vehicle technologies.
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The midsize battery-powered SUV is based on the MB.EA-M platform.
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The highly automated plant will be the Japanese company’s eighth facility in India.
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The Japanese carmaker currently takes 40 to 48 months to bring a new model to market.
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The facility has an annual production capacity of 100 GWh, targeting leading European OEMs.
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The deal is based on an enterprise value of A$403m and remains subject to regulatory approvals.
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The two companies agreed a preliminary joint venture structure and other commercial terms earlier this month.
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Several media outlets have put the starting price at approximately £173,000.
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