Nissan Motor and Renault will jointly hold a press conference in London, England on the 6th of this month to explain the agreement for a new partnership, such as reviewing the investment ratios of both companies on an equal footing.
In the capital tie-up between the two companies, the ratio of shares held by each company is 15% for Renault and 43% for Renault. I have progressed.
The two companies are expected to hold a board meeting soon and formally agree on the contents of the series of negotiations, and the two companies will jointly hold a press conference in London, England on the 6th of this month with Mitsubishi Motors, which has a partnership. I was.
In the negotiations so far, Nissan and Renault have agreed to entrust Renault's shares to another company and sell them in stages in order to reduce Renault's investment ratio. We have reached a basic agreement to invest a maximum of 15% in the new EV company that we had requested.
Furthermore, as a new collaborative "Reload Project", we plan to promote collaboration in Europe, in addition to India and Central and South America, where growth is expected in the future.
Triggered by Nissan's management crisis, the capital relationship that has been favorable to Renault for more than 20 years will be fundamentally reviewed.
At the conference, we will discuss the new partnership in detail.