Renault: Developing Global EVs in Shanghai

The provided source discusses the strategic decision by Renault to establish an Electric Vehicle (EV) development center in Shanghai. This initiative is aimed at leveraging the Chinese technological landscape for the design and engineering of new EVs. Crucially, these vehicles are not solely intended for the local market but are instead being developed to cater to global automotive markets. The article suggests this move positions Shanghai as a significant international hub for Renault's future EV production efforts.