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RENAULT / MINTH / JV

M.11005

RENAULT / MINTH / JV
March 5, 2023
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Disclaimer :

The Competition DG makes the information provided by the notifying parties in section 1.2 of Form CO available to the public in order to increase transparency. This information has been prepared by the notifying parties under their sole responsibility, and its content in no way prejudges the view the Commission may take of the planned operation. Nor can the Commission be held responsible for any incorrect or misleading information contained therein.

SECTION 1.2

Description of the concentration

On 10 February 2023, the European Commission received a notification pursuant to Article 4 of the Merger Regulation of a proposed concentration by which Renault, a French multinational automobile manufacturer, and Minth, a Chinese automotive parts supplier, will set up a joint venture based in France for the manufacturing and sale of battery casings for electric vehicles (EVs).

The purpose of the Joint Venture is to create a new player in the manufacture and supply of battery casings for EVs and to contribute to the EU's strategy of mobility decarbonation.

Commission européenne, DG COMP MERGER REGISTRY, 1049 Bruxelles, BELGIQUE Europese Commissie, DG COMP MERGER REGISTRY, 1049 Brussel, BELGIË

Tel: +32 229-91111. Fax: +32 229-64301. E-mail: COMP-MERGER-REGISTRY@ec.europa.eu.

EUC

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