Renault cedes energy to Nissan for unknown benefits

Renault cedes energy to Nissan for unknown benefits

Nissan and Renault, two major players in the automotive industry, have announced that they are considering reviving their partnership following a recent visit to Renault’s headquarters in France by the Japanese automaker’s new CEO Makoto Uchida. The two companies previously had a strategic alliance, which had struggled in recent years due to a variety of issues, including Nissan’s significant financial losses and the arrest of its former Chairman Carlos Ghosn. The potential collaboration between the two companies is seen as a positive step toward Nissan’s recovery and a way for Renault to establish itself as an industry leader in pure electric vehicles.