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Thursday 19 December 2024
Nissan, Honda to discuss merger next week as Honda reportedly set to counter Foxconn's takeover attempt
Nissan and Honda, two of Japan's automotive giants, are set to hold merger talks on December 23, 2024. Renault, Nissan's largest shareholder and a French automotive leader, is reportedly...
Thursday 19 December 2024
Foxconn eyes stake in Nissan amid Honda integration talks
The landscape of Japan's automotive industry faces potential reshaping as Honda and Nissan explore integration possibilities, complicated by Foxconn's reported interest in acquiring...
Wednesday 18 December 2024
Foxconn reportedly considers major investment in Nissan as Honda-Nissan merger talks go on
Foxconn is reportedly eyeing a significant investment in Nissan Motor with aspirations to take over the company's operations, potentially accelerating ongoing merger discussions between...
Monday 4 November 2024
Chinese EV makers aim for Europe as budget models flood market
Nikkei reports that dismantling EVs from brands like BYD and NIO reveals a strategic edge: component integration not only helps cut weight but also trims costs significantly...
Thursday 4 July 2024
LGES reportedly obtains huge LFP battery orders
LG Energy Solution (LGES) has reportedly received major lithium iron phosphate (LFP) battery orders from French car maker Renault, providing a boost to the South Korean supply chai...
Thursday 4 July 2024
Renault pushing new partnership model for LFP batteries
Renault is pushing a new partnership model for lithium iron phosphate (LFP) batteries by collaborating with its Chinese and South Korean battery suppliers in Europe.
Wednesday 29 May 2024
European carmakers rely on cross-continental partnerships to compete in low-priced EV race
The competition of EUR20,000 (US$21,750) EV has mobilized the European automotive supply chain. Local automakers tend to collaborate with partners to gain a foothold in the sector...
Wednesday 29 May 2024
Volkswagen will debut low-cost EV in 2027 after joint effort with Renault collapses
Volkswagen said on May 28 that it plans to roll out a low-cost EV for the European market in 2027, a move that will help it counter Chinese rivals' offense. In addition, Magna Steyr...
Friday 29 March 2024
Nissan strengthens partnership with Renault, plans joint exploration of Indian market
Nissan and Renault execs traveled together to India.
Wednesday 15 November 2023
Renault sets EUR10 Billion sales goal for EV business as IPO eyed
Renault SA is targeting more than €10 billion ($10.9 billion) of revenue by 2025 for its electric-vehicle and software arm Ampere, which the French carmaker aims to list in an...
Thursday 26 October 2023
Mitsubishi Motors to invest in Renault's EV venture, terminating production in China
Mitsubishi Motors announced on October 24 that it will invest up to EUR200 million (US$212 million) in alliance partner Renault's EV and software company, Ampere. The Japan-based...
Wednesday 26 July 2023
Nissan to invest $663 million in renault EV unit as alliance rejigged
Nissan Motor Co. has finalized plans to invest in Renault SA's electric-vehicle venture Ampere, capping months of negotiations to rebalance the troubled automotive alliance.
Thursday 13 July 2023
Geely and Renault ink agreement to establish hybrid, ICE powertrain joint venture
China-based Geely Holding Group and French Renault signed an agreement to set up a 50/50 joint venture to develop and produce powertrains for hybrid and internal combustion engine...
Friday 17 February 2023
Renault expects to dodge slowing economies with revamped models
Renault SA offered an upbeat view of its mainstay market, expecting strong demand in Europe for its overhauled lineup to insulate the carmaker from an economic downturn.
Tuesday 7 February 2023
Nissan to invest in Renault's new EV company, striking balance in alliance
Nissan Motor and Renault Group will collaborate under an enhanced partnership. The pair officially announced on February 6 the 15% cross-shareholding to take effect in the future...