Nissan’s 15% Stake In Renault Electric Vehicle Unit A Sign Of Good Times

[Vernon]

Nissan Plans to purchase up to 15% stake in Renault’s flagship electric vehicle unit, Ampere, the two companies announced on Monday February 6, 2023. The move is believed to be part of a long-term deal crafted to mend the tumultuous 24-year alliance between the two automakers. The agreement is a product of months of tense … (read full article...)

 

[Amperix]

This renewed alliance will definitely create a harmonious relationship between Nissan and Renault and thereby push sales around the World and this could pose competition for other EV manufacturers.