Previous close | 10.04 |
Open | 10.09 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's range | 10.04 - 10.14 |
52-week range | 6.59 - 10.14 |
Volume | |
Avg. volume | 31,277 |
Market cap | 14.757B |
Beta (5Y monthly) | 1.68 |
PE ratio (TTM) | 4.09 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 0.05 (0.54%) |
Ex-dividend date | 15 May 2023 |
1y target est | N/A |
French car maker Renault plans to invest 300 million euros ($323.25 million) in its assembly plant located in Sandouville in northern France to make new-generation electric vans from 2026. The project to build a light van, designed in particular for last-mile delivery of parcels, is part of Renault's electric vehicle unit Flexis, a joint venture with Sweden's Volvo and French shipping and logistics giant CMA CGM. In March, Renault and Volvo obtained the necessary regulatory approval to officially launch the joint venture in which CMA CGM Group has confirmed its interest to invest up to 120 million euros, Renault said.
On March 27th, Nissan Motor Co Ltd (OTC: NSANY) revealed it will be investing in Renault SA (OTC: RNLSY), more precisely, its EV unit Ampere. Interestingly, Nissan decided to deepen its partnership with Renault even after the French automaker ditched the unit’s listing plans due to sluggish market conditions. Reshaping The Longstanding Partnership With Renault Renault plans to sell a stake of about 2.5% in Nissan shares to the 91-year-old Japanese car maker, with the deal possibly could generati
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. "We want to be a global (EV) player in the world," Nissan CEO Makoto Uchida told reporters during a press briefing in the southern Indian city of Chennai on Wednesday, adding that the company wants to deepen its partnership with Renault, and through that, it's presence in Europe.