5/11, 6:13 PM (Source: TeleTrader)
more TeleTrader news

Renault to talk EV project with Nissan, Mitsubishi

Renault S.A. CEO Luca de Meo told Nikkei Asia on Wednesday that the company is considering initiating a joint electric vehicle venture with its partners Nissan Motor Co., Ltd. and Mitsubishi Group.

When asked about the possibility of future EV cooperation with Nissan and Mitsubishi, de Meo stated: "Of course, we are very transparent and [will] discuss those things (...) In the future, we'll have lots of projects together."

On April 22, Renault revealed that its revenue in the first quarter of 2022 decreased 2.7% year on year to €9.7 billion, still coming in above estimates.

Baha Breaking News (BBN) / SP