Nissan considering taking a stake in Renault’s circular economy business

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BOULOGNE-BILLANCOURT, France (Reuters) – Nissan plans to take a stake in “The Future Is NEUTRAL”, Renault’s circular economy activity, the two manufacturers announced on Wednesday in a presentation in Boulogne-Billancourt (Hauts-de -Seine).

The two partners still intend to invest in Ampere, Renault’s new electric entity, and their joint projects in Europe, Latin America and India are confirmed, this presentation also shows.

In this document, it is specified that Nissan will invest up to 600 million in Ampere, which Renault aims to put on the stock market in spring 2024.

(Report by Gilles Guillaume, written by Nicolas Delame, edited by Kate Entringer)


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