Factbox: Renault, Nissan detail joint projects to revive alliance


A logo on the Renault exhibition space at the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France June 15, 2022. REUTERS/Benoit Tessier/Files

LONDON (Reuters) - Nissan and Renault on Monday unveiled details of their redesigned alliance, with the Japanese car maker committing to buy a stake of up to 15% in Renault's electric vehicles unit Ampere.

The two companies gave details of new joint projects in Latin America, India and Europe.

LATIN AMERICA

The four projects to be considered in Latin America include:

INDIA

For India and export, Renault Group and Nissan would collaborate on several new vehicle projects including new SUVs shared by both Renault Group and Nissan, and a New Nissan car derived from the Renault Triber.

Nissan and Renault Group are also considering common A-segment electric vehicles.

EUROPE

The companies are exploring the following initiatives:

(Reporting by Silvia Aloisi; Editing by Kirsten Donovan)

Article type: free
User access status:
Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

   

Next In Tech News

ChatGPT chats are not confidential, so don't tell it your secrets
Amazon connecting up devices in US homes into one giant wi-fi network
Elon Musk seeks to end $258 billion Dogecoin lawsuit
Rage-tweeting: When angry consumers seek 'revenge' for bad service
Apple VR headset coming? WWDC developer conference set for June 5
Apple wins reversal of $502 million VirnetX patent infringement verdict
E3 cancels 2023 event, leaving Los Angeles without a major gaming convention
U.S. lawmakers introduce bipartisan bill to help news media negotiate with Big Tech
Activision threatened, spied on workers amid union drive, U.S. agency says
Twitter makes some of its source code public

Others Also Read