Exclusive-Nissan’s talks with Renault focused on optimising EV investment, CEO Uchida says By Reuters


© Reuters. FILE PHOTO: The logos of car manufacturers Nissan and Renault are pictured at a dealership Kyiv, Ukraine June 25, 2020. REUTERS/Valentyn Ogirenko/File Photo

TOKYO (Reuters) – Nissan (OTC:) Motor Co’s negotiations with its partner and top shareholder Renault SA (OTC:) on the future of their alliance are focused on optimising their investment in electric vehicles, the Japanese automaker’s chief executive told Reuters on Friday.

Negotiations between Renault (EPA:) and Nissan are ongoing with less than two weeks remaining to meet a Nov. 15 deadline that the automakers have set themselves to reach a deal.

Nissan CEO Makoto Uchida declined to comment on the timing of potential deal with Renault and whether it can be done this month.

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