Nissan Backs Out Of $649M Renault EV Deal And Gets A Custom Twingo Instead

Nissan announced that next year it will introduce a new city car based on the Renault Twingo. Still unnamed, this new model inserted in segment A is the result of a partnership with the French brand and will use the CMF-B platform, already used in the Renault 5. According to the financial director of the Renault Group, Duncan Minto, this new Nissan model will share about 80% of the parts with the Twingo. The battery will be identical to that of …

The Renault Twingo will have a Japanese cousin. After adjustments within the Renault-Nissan alliance, the Japanese brand announced the arrival of a small electric city by 2026. There are still waves within the Renault-Nissan alliance. After the end of the information sharing between the two

Nissan Backs Out Of $649M Renault EV Deal And Gets A Custom Twingo Instead

Renault and Nissan have struck a deal, which aims to help the troubled Japanese automaker. Nissan can back out of their $649 million Ampere investment and sell some Renault stock. The company will also be getting a restyled version of the Renault Twingo in 2026. The Renault–Nissan–Mitsubishi Alliance has been put through the wringer and things appeared to be on shaky ground. However, Renault and Nissan have now announced a series of “strategic p…

Nissan to Cancel Investment in Renault EV Company

Tokyo, March 31 (Jiji Press)--Japan's Nissan Motor Co. said Monday it has decided to cancel its plan to invest…