Renault and Nissan hailed a new deal announced on Monday as a major step in reviving their two decade alliance. But for the French car group the benefits of the revamp are for now unclear and potentially quite limited, three industry sources said.
The Nissan logo is seen on a car wheel at Nissan Gallery in Yokohama, Japan November 29, 2021. REUTERS/Androniki ChristodoulouPARIS, Jan 30 - Renault and Nissan hailed a new deal announced on Monday as a major step in reviving
The deal sees Nissan commit to invest in Renault's flagship Ampere electric vehicle unit, which was the French group's key goal. Sources have told Reuters the alliance is considering around five common projects, a relatively small number compared to the list of 10 to 15 proposed last year by Renault chief executive Luca de Meo to his Japanese partner.
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