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Renault and Nissan to invest $600 million in India

2023-02-13T07:52:25.325Z


The two manufacturers thus wish to launch six new models, two of which are electric. Renault and Nissan announced on Monday an investment of around 600 million dollars in India, in accordance with their ambition announced last week to strengthen together in this market, where they plan to launch six new models including two electric. Up to 2,000 additional jobs at the Renault-Nissan research and development center in Chennai (south-east India) should be created thanks to these ne


Renault and Nissan announced on Monday an investment of around 600 million dollars in India, in accordance with their ambition announced last week to strengthen together in this market, where they plan to launch six new models including two electric.

Up to 2,000 additional jobs at the Renault-Nissan research and development center in Chennai (south-east India) should be created thanks to these new projects, the two partners said in a press release, without specifying the timetable. these projects.

The six new models announced - three from the French manufacturer and three from its Japanese partner - will be produced in their joint factory also located in Chennai.

This production site also aims to achieve carbon neutrality by 2045, by intensifying its supply of electricity from renewable sources and reducing its energy consumption by 50% compared to today.

Read alsoWith the redesign of the Alliance, Renault frees itself from the shadow of Carlos Ghosn and the weight of Nissan

On the occasion of the vast overhaul of their alliance announced last Monday in London, going through an equal rebalancing of their capital relations and a commitment of Nissan in Ampere, the future electric pole of Renault, the two manufacturers had also warned that 'they intended to launch new joint and concrete industrial projects in India and South America.

Source: lefigaro

All business articles on 2023-02-13

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