LONDON, United Kingdom – Japanese carmaker Nissan will buy a stake of up to 15% in Renault’s electric vehicle (EV) unit Ampere, the pair said on Monday, February 6, in a reboot of a long and sometimes contentious alliance that will also create more common car platforms.
The agreement, which came after months of tense talks, includes the previously announced reduction of Renault’s stake in Nissan to put the two on a more equal footing, extending for an initial period of 15 years a partnership...