Renault still sees plenty of growth in Chinese vehicle demand, the French carmaker said as it prepared to cut the ribbon on its first assembly plant in the world’s biggest auto market, where growth has slowed over the past year. Inaugurating the 870 million euro ($942 million) factory in Wuhan, eastern-central China, Jacques Daniel, head of Renault’s joint venture with local partner Dongfeng, said capacity could double or ultimately even triple from its initial output of 150,000 vehicles per year. Renault has until now remained a marginal player in China.