Nissan, Mitsubishi mull stakes in Renault EV unit amid alliance talks

Nissan Motor Co. and Mitsubishi Motors Corp. are considering investing in alliance partner Renault SA's new electric vehicle company Ampere, the French automaker said Tuesday, as Nissan and Renault try to revise their decades-old capital tie-up.Renault unveiled the EV business spinoff as part of its group strategy update. The automaker said it will become the new company's majority owner and is considering listing it in Europe in the second half of 2023.Ampere, which will be based in France and employ about 10,000 people, will also develop software for cars on top of manufacturing and selli…READ FULL ARTICLE