Unlock Premium Data: Up to 50% Off InvestingProCLAIM SALE

Nissan, partners to draft deeper alliance in May: Yomiuri

Published 04/22/2020, 09:06 PM
Updated 04/22/2020, 09:10 PM
© Reuters. The logos of car manufacturers Renault and Nissan are seen in front of dealerships of the companies in Reims
RENA
-
7201
-
7211
-

TOKYO (Reuters) - Nissan Motor Co (T:7201), Renault SA (PA:RENA) and Mitsubishi Motors Corp (T:7211) will draft plans for a deeper alliance next month, including joint development of more electric vehicles (EVs) and self-driving technology, the Yomiuri daily reported.

The three companies will include the projects in their respective mid-term business plans, the paper said, without saying how it obtained the information.

© Reuters. The logos of car manufacturers Renault and Nissan are seen in front of dealerships of the companies in Reims

Among other plans, the automakers intend to share EV motors and batteries, while Nissan and Renault will start building each other's cars at factories in South America and Russia to boost production efficiency, the paper said.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.