"Last year, Nissan agreed to invest $663 million into Renault's EV activities; at the same time Renault gave up the majority of its shares in Nissan, reducing the stake of each company owned by the other, down to 15 percent."
"Renault Group will consider all options based on the best interest of the Group and its stakeholders. Renault Group continues to execute its strategy and to roll-out projects that create value for the Group, including projects already launched within the Alliance."
#automotive #electric-vehicles #corporate-strategy #renault-nissan-alliance #mergers-and-acquisitions
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