Dongfeng-Renault Automotive Co

Dongfeng Renault Automobile Co., Ltd. (DRAC) is an automobile manufacturer jointly established by China Dongfeng Motor Corporation and France Renault S.A in Wuhan (Hubei), China. The Dongfeng Renault Project was formally approved by the National Reform and Development Commission on December 2nd, 2013. And on December 16, Dongfeng and Renault signed the Joint Venture Contract officially and was granted the approval by Ministry of Commerce on January 26, 2014. The factory is located in Huang Jin Kou Industrial Park of Wuhan Economic and Technological Development Zone, accompanied by the Supplier Park for parts production and distribution, for the improvement of supply chain efficiency, logistics costs reduction and surrounding industries development. DRAC will also build its own R & D center to meet the needs of synchronous development and localization. The R & D center will also undertake the development of self-owned brand vehicles, and the introduction of new energy automobiles....