Says, long-standing Alliance partnership with Renault remains unchanged
The Board of Directors of Renault will be convened very shortly.
Will invest up to $1 billion over five years to prioritize next-generation mobility; first deal to be a strategic investment in Ionic Materials
JV Will manufacture and sell LCVs under the Jinbei, Renault and Huasong brands
For cooperation in the Chinese LCV market
Bekasi facility will have capacity of 160,000 units and employ 3,000 workers
Carlos Ghosn to continue to serve as Chairman of Nissan’s Board of Directors
Carlos Ghosn, Nissan chairman and CEO, named chairman-elect of MMC
The joint venture will include an engineering and purchasing centre as well as a plant with an initial production capacity of 150,000 vehicles per year
Maintains position as global electric vehicle leader