Renault and Nissan conclude definitive agreements, Nissan invests 600 mln euros in Ampere

26 July 2023, 03:10:11

Add as a preferred source on Google Back in January, it was announced that Nissan will invest in Renault's Ampere. Today, the two companies concluded the definitive agreements achieved back then. As part of this cooperation, Nissan has confirmed its intention to become a strategic investor in Ampere, Renault Group’s new EV and software entity in Europe. Accordingly, Nissan has committed to invest in Ampere up to Euro 600 million consistent with being a strategic investor in Ampere and securing a board seat. This investment opportunity aligns with Nissan's electrification strategy, creating multiple potential benefits and synergies that complement Nissan's own goals and initiatives in Europe and other potential markets. The definitive agreements also formalize the rebalancing of the Renault Group-Nissan cross-shareholdings and the reinforcement of the governance of the Alliance. Renault Group and Nissan entered into a new Alliance agreement that will replace the current agreements governing the Alliance.

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