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Nissan, Renault agree that Nissan will invest some 100 billion yen in EV unit Ampere -Yomiuri

TOKYO (Reuters) -Nissan Motor is likely to invest around 100 billion yen ($725 million) in Renault s new electric vehicle unit, the Yomiuri Shimbun said on .

Nissan, Renault agree that Nissan will invest some 100 billion yen in EV unit Ampere -Yomiuri

TOKYO (Reuters) -Nissan Motor is likely to invest around 100 billion yen ($725 million) in Renault's new electric vehicle unit, the Yomiuri Shimbun said on Friday, potentially clearing a hurdle in drawn-out talks to reshape their automaking alliance. The Japanese automaker on Thursday settled on the terms for a contract to overhaul its partnership with Renault and agreed with its French partner on the investment amount in the EV unit, Ampere, the Yomiuri said. A Nissan spokesperson said discussions about the contract, including the investment amount, were not yet finalised.

Nissan operations chief Gupta to leave board, company says

TOKYO -Nissan s Chief Operating Officer Ashwani Gupta will not be reappointed to the board when his term expires next month, the automaker said on Friday, casting doubt on the future of the.

Japan to seek U S flexibility on EV purchase incentives, Kyodo reports

Japan PM accepts criticism he failed to fully justify Abe s state funeral

TOKYO (Reuters) -Japan's prime minister said on Thursday he accepted criticism that he had not sufficiently explained why he wants a state funeral for slain former premier Shinzo Abe but defended the decision that has helped drag his support to its lowest ever.

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