Nissan Motor Co. Ltd. will invest around ¥100 billion ($724 million) in Renault's new electric vehicle subsidiary Ampere, the Japanese Yomiuri Shimbun newspaper reported on Thursday. The company is expected to be spun off in the second half of the year, with Renault targeting a valuation of up to...
Renault Group and Nissan Motor Co. announced on Monday that the boards of both companies approved their agreement that will "take their partnership to the next level."
The carmakers said that they entered a binding framework agreement and plan to reach definitive agreements by the...
Renault S.A. CEO Luca de Meo told Nikkei Asia on Wednesday that the company is considering initiating a joint electric vehicle venture with its partners Nissan Motor Co., Ltd. and Mitsubishi Group.
When asked about the possibility of future EV cooperation with Nissan and Mitsubishi, de Meo stated: "Of...
The Renault–Nissan–Mitsubishi Alliance announced on Thursday its plan to invest €23 billion in the development of electric vehicles (EV) in an effort to be able to offer 35 new such cars in 2030.
The group's plan also includes the development of its own batteries and other parts of electronic architecture...
Chinese WeRide stated on Wednesday that it will strengthen ties with Nissan Motor Co. Ltd. which played a "critical role" in the development of the company's autonomous driving platform.
"As China stands at the forefront of helping define the future of mobility, we are delighted to partner with...
Groupe Renault, Nissan Motor Co. Ltd., and Mitsubishi Motors Corp. announced on Wednesday new initiatives aimed at "enhancing the competitiveness and profitability" of the three partners via a "leader-follower system" in which they will divide production more systematically.
Per the new system, one...
Renault Sa, Nissan Motor Co and Mitsubishi Motors confirmed on Wednesday that they named Hadi Zablit the general secretary of their alliance. Zablit, who currently serves as a senior vice president of business development at the alliance, will assume the new role next week.
"The Alliance General...
Groupe Renault, Nissan Motor Co. Ltd., and Mitsubishi Motors Corp. are planning to set up a new company which will focus on research and development (R&D) of advanced technologies in the auto industry, Kyodo News reported on Sunday. According to the report, the three carmakers will...
Hadi Zablit will be appointed as the new secretary-general of the Renault-Nissan-Mitsubishi strategic partnership, French media reported, citing unnamed sources.
Zablit, who is French-Lebanese, was previously the Senior Vice President of Business Development at Renault. He started working...
Renault S.A. Chairman Jean-Dominique Senard (pictured) told investors on Wednesday that the French carmaker's alliance with Nissan has been "damaged" by its former Chairman Carlos Ghosn's arrest over alleged financial fraud, but insisted the alliance with Nissan and Mitsubishi should be...
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