Nissan is developing growth plans in areas such as software and electric vehicles (EVs) independent of Renault SA as the automakers work to finalise terms of a sharply limited alliance, said seven people with knowledge of the matter.
April 14 - Nissan is developing growth plans in areas such as software and electric vehicles independent of Renault SA
It is also working on an expanded strategy for all-battery and plug-in EVs for North American and Asian markets that will be for Nissan alone, they said. Imbalance had long riled Nissan executives who complained Renault did not pay its fair share of costs for innovation and development. Nissan's emerging strategy reflects a belief within the automaker that the 23-year-old alliance has run its course for many of the biggest challenges it faces, the people said.
"Even if Renault gets something from Nissan, benefits moving in the other direction are hard," a second person with knowledge of Nissan's stance said. "The restrictions from Renault are gone, and we can move freely." They said, without elaborating, investing in Ampere would strengthen Nissan in Europe and "accelerate new business".
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