Nissan Motor and Renault are negotiating to reassess their capital ties on an equal footing, and it turns out that they are considering strengthening their business in India, Central and South America, etc. as a new collaboration.
The two companies are continuing final talks and are aiming for an agreement.
Nissan is seeking to reduce the shareholding ratio between the two companies to 15%, which is on an equal footing, as Renault holds 43% to Nissan's 15%.
In discussions so far, the two companies have entrusted the shares to another company and sold them in stages in order to reduce Renault's investment ratio, and the ratio of voting rights has also been aligned. We have broadly agreed on Nissan's investment in the new EV company at a maximum of 15%.
New collaboration "Reload Project"
According to people involved, the proposal for the agreement included plans for five items under the name of the "reload project" as a new collaboration.
We plan to expand our business in India, Central and South America, where growth is expected.
The two companies are continuing final talks and are aiming for an agreement.
If an agreement is reached, the relationship between the two companies will enter a new phase, as the capital relationship that has continued for more than 20 years in favor of Renault will be fundamentally reviewed in the wake of Nissan's financial crisis.