Nissan CEO, makoto uchida, declined to comment on whether a deal could be reached this month. But he said that he was talking to his Renault pair, Luca de Meoevery weekend and the talks would be “continued in the future”.
People familiar with the negotiations said the technology sharing had emerged as a sticking point.
Uchida, who spent much of his career at Nissan in positions related to the Franco-Japanese alliance, stressed that the talks were based on mutual trust. Each company had valuable technology and it was to be expected that technology transfer would be discussed, he added.
Nissan Objectives
- Improving the ability of automakers to compete in a time of economic uncertainty
- Bringing about its biggest transformation with the shift to electric vehicles, as the industry moves forward
Nissan and Renault, the strategic alliance
Nissan executives, for their part, have complained over the years of the inequality in the property structureas Renault owns 43% of Nissan and the Japanese automaker only has a 15% non-voting stake in Renault.
People with knowledge of the talks have said the two sides have been discussing a reduction in Renault’s stake, potentially to 15%, and the terms on which this could happen.
“We want it to be an equal partnership”said Uchida, adding that a “Equal partnership would make sense and that would speed up collaboration even more.”
electric cars.jpg
pixabay
Toyota joins the environmental care and builds a new system
Together with the Japanese electricity company JERA Co., Inc. (JERA), a energy storage system with recycled batteries. In this way, transition is expected to accelerate to the carbon neutrality and the implementation of a recycling culture.
In detail, it is world’s first large capacity “sweep” power systemwhich aims to provide around 100,000 kWh of electricity supply by the middle of this decade.
In the future, an increase in the demand for storage batteries. As a result of the expansion of renewable energies with a view to reducing CO2 emissionswill be increasingly necessary to stabilize power supply.
Source: Ambito
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