Nissan and Renault announced the total remake of the long-lasting relationship last month. Japanese automobile manufacturer Nissan and French multinational automobile producer Renault have revealed the details of their redesigned alliance. Per the agreement, the Japanese are buying up to 15% stake in Renault’s EV unit Ampere. At the same time, the alliance’s junior partner Mitsubishi Motors will also consider investing in the EV arm. Meanwhile, Renault plans to list the electric vehicle unit. Details of the Nissan-Renault Redesigned Alliance According to a statement by the companies, Nissan aims to become a strategic investor with its investment in Renault under
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Author: NixCoin