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Nissan, Renault agree that Nissan will invest some 100 billion yen in EV unit Ampere -Yomiuri By Reuters


© Reuters. The logos of car manufacturers Renault and Nissan are seen in front of dealerships of the companies in Le Coteau, France, July 13, 2023. REUTERS/Gonzalo Fuentes/File Photo

TOKYO (Reuters) – Carmakers Nissan (OTC:) Motor Co and Renault (EPA:) have reached an agreement that Nissan will invest some 100 billion yen in Renault’s EV unit Ampere, the Yomiuri Shimbun newspaper said on Friday.

It added an announcement on the agreement, reached on Thursday, would be made soon.

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