Nissan to buy up to 15% stake in Renault EV unit under reshaped alliance


FILE PHOTO A Nissan logo is seen in a vehicle during the press day at the Los Angeles Auto Show in Los Angeles California U.S. November 17 2022. REUTERSMike Blake

FILE PHOTO: A Nissan logo is seen in a vehicle during the press day at the Los Angeles Auto Show in Los Angeles, California, U.S. November 17, 2022. REUTERS/Mike Blake

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 alliance junior partner Mitsubishi Motors will also consider investing in Ampere, which Renault aims to list, the companies said in a statement.

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