Guan Cha Zhe Wang·2025-07-02 06:27Group 1 - Dongfeng Motor Group has signed a joint venture agreement with Nissan (China) to establish a company focused on automotive export business, with a registered capital of RMB 1 billion, where Nissan China contributes 60% and Dongfeng contributes 40% [1][3] - The joint venture aims to leverage both companies' financial resources and supply chain capabilities to export vehicles, parts, and accessories to agreed overseas markets [3] - Nissan has been facing declining performance, reporting a net loss of $4.5 billion (approximately RMB 32.25 billion) for the fiscal year 2024, with a 12% year-on-year drop in sales in China, totaling 697,000 units [3][4] Group 2 - Due to overcapacity, Dongfeng Nissan closed its Changzhou factory in June last year, marking the first closure of a complete vehicle factory by Nissan in China, less than four years after it began operations [4][6] - Dongfeng Nissan has launched a "New Struggle 100" action plan, aiming to introduce seven new energy products by the end of 2026 and set an initial export target of 100,000 units [4] - Other Dongfeng brands are also expanding into overseas markets, with the high-end new energy brand Lantu planning to enter 60 countries by 2030 [8]