Renault Eyes 'Very Small And Reduced' Deal With Nissan: Report
Portfolio Pulse from Nabaparna Bhattacharya
Renault SA is reportedly trying to loosen its cooperation pact with Nissan Motor Co. with a deal to revamp their long-standing alliance. The companies are eyeing a 'very small and reduced' cooperation between them. Nissan reportedly planned an investment worth 100 billion yen ($725 million) in Renault's new electric vehicle unit, Ampere.
July 18, 2023 | 1:52 pm
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NEUTRAL IMPACT
Nissan is reportedly planning to reduce its cooperation with Renault, but is making a significant investment in Renault's new EV unit.
The news of a significant investment in Renault's new EV unit is positive for Nissan. However, the reduction in cooperation could potentially impact future strategic decisions.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Renault is reportedly trying to reduce its cooperation with Nissan, but is set to receive a significant investment from Nissan in its new EV unit.
The news of a significant investment from Nissan in Renault's new EV unit is positive for Renault. However, the reduction in cooperation could potentially impact future strategic decisions.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70