Nissan to invest in Renault EV unit Ampere despite IPO plans falling through

Nissan to invest in Renault EV unit Ampere despite IPO plans falling through

FILE PHOTO: The logo of Nissan is seen on a car ahead of a news conference at Nissan's Sunderland plant in Sunderland, Britain, July 1, 2021. REUTERS/Phil Noble/File Photo

Japan’s Nissan Motor will invest in Renault’s electric vehicle (EV) unit Ampere even after its listing plans fell through, while also evaluating its partnership with Honda Motor to further build its global EV expansion.