Despite the departure of Argentina, Nissan Receza Sociedad with Renault for Electric in Europe

Despite the departure of Argentina, Nissan Receza Sociedad with Renault for Electric in Europe

Despite the recent confirmation linked to the production cessation of the pickup Frontier in Cordova As of January 2026, Nissan confirmed a new strategic alliance with Renault.

The truth is that Renault will produce a model based on the next Twingo for Nissanbut with a Exclusive design for the Japanese brand.

Unlike other previous agreements, it will not be a simple change of emblems, but a differentiated development. This urban and fully electric vehicle will reach the European market in 2026expanding the sustainable mobility offer of both companies.

The official statement of the New Alliance between Renault and Nissan

Renault Group will get 100% of Renault Nissan Automotive India Private LTD (RNAIP)by acquiring the participation of 51% that Nissan currently has. This project represents a key opportunity for Renault Group to expand your international business. Nissan will maintain its presence in India with a strong approach in increasing market coverage. RNAIP will continue to produce models Nissanincluding the new Nissan Magniteand will serve as a crucial pillar for future expansion plans of the company.

Nissan chooses Renault Group to develop and produce a Twingo derivativedesigned by Nissan. The New Alliance Agreement would be modified to increase the flexibility of each party in terms of its cross shares, setting the blocking commitment by 10% (instead of the current 15%).

Nissan It would be released from its commitment to invest in ampere while continuing with the agreed products projects.

twingo.webp

Renault will produce for Nissan a model based on the next Twingo, but with an exclusive design for the Japanese brand.

“As a partner of Nissan within the alliance for a long time and as its main shareholder, Renault Group He has a great interest in Nissan recovering his results as soon as possible. With a pragmatic and business oriented approach, we have discussed the most effective ways to support their recovery plan, at the same time developing business opportunities that generate value for Renault Group. This framework agreement, beneficial for both parties, demonstrates the agile and efficient mentality of the New Alliance and confirms the appeal of our products with Twingoas well as our will to expand our business in international markets. India is a key automobile market and Renault Group will establish an efficient industrial presence and ecosystem, “he said Luca de Meo, CEO of Renault Group.

Nissan It undertakes to preserve the value and benefits of our strategic association within the Alliance, while implementing change measures to improve efficiency. Our goal is to create a more agile and effective business model that allows us to quickly respond to changing market conditions and conserve effective for future investments.

We remain committed to the Indian market, offering vehicles adapted to the needs of local consumers and guaranteeing first -class sales and services to our current and future customers. India will continue to be a hub for our research and development services, digital and other knowledge. Our plans for new SUVS in the Indian market remain intact, and we will continue with our exports of vehicles to other markets under the business strategy One Car, One World for India, “he said Ivan Espinosa, President and CEO of Nissan.

Source: Ambito

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