Dongfeng forms venture to produce aluminum parts
Dongfeng Motor Corp. is forming a partnership with state-owned supplier Aluminum Corp. of China to develop aluminum alloys to reduce vehicle weight.
As part of the deal signed last week, the two companies first will establish a laboratory in the central China city of Wuhan to create alloys for automotive use, Dongfeng said.
Dongfeng says it has been researching lightweight componentry for years. The bodies of its electric cars are made of aluminum, the state-owned automaker said.
The company did not disclose additional details about the venture with Aluminum Corp., China's largest aluminum producer.
Dongfeng, headquartered in Wuhan, produces trucks and passenger vehicles under its own brands. The company also has partnerships with PSA Peugeot Citroen, Nissan Motor Co., Honda Motor Co. and Volvo Group.
Aluminum Corp. of China is a Beijing-based, state-owned company. It is listed in New York, Hong Kong and Shanghai.
Dongfeng says it has been researching lightweight componentry for years. The bodies of its electric cars are made of aluminum, the state-owned automaker said.
The company did not disclose additional details about the venture with Aluminum Corp., China's largest aluminum producer.
Dongfeng, headquartered in Wuhan, produces trucks and passenger vehicles under its own brands. The company also has partnerships with PSA Peugeot Citroen, Nissan Motor Co., Honda Motor Co. and Volvo Group.
Aluminum Corp. of China is a Beijing-based, state-owned company. It is listed in New York, Hong Kong and Shanghai.
