Nissan plans to invest $725 million in Renault's EV unit – report

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Investments

Both partners expect the EV unit Ampere's enterprise value will be between €8 billion and €10 billion

Nissan Motor is likely to invest around ¥100 billion (about $725 million) in Renault's new electric vehicle unit, according to a Reuters report dated July 14, quoting Japanese newspaper the Yomiuri Shimbun, potentially clearing a hurdle in drawn-out talks to reshape their automaking alliance.

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