{"componentChunkName":"component---src-templates-blog-post-js","path":"/blog/nissan-to-invest-up-to-600-mil-euros-in-renault-s-new-ev-unit/","result":{"data":{"site":{"siteMetadata":{"title":"No Frills News"}},"contentfulNfnPost":{"postTitle":"Nissan to invest up to 600 mil. euros in Renault's new EV unit","slug":"nissan-to-invest-up-to-600-mil-euros-in-renault-s-new-ev-unit","createdLocal":"2023-07-26 14:30:50.566662","publishDate":"None","feedName":"Autonomous Vehicle News","sourceUrl":{"sourceUrl":"https://english.kyodonews.net/news/2023/07/f4f027e288d6-urgent-nissan-renault-seal-new-capital-tie-up-to-equalize-stakes.html"},"postSummary":{"childMarkdownRemark":{"html":"<p>Nissan's investment in Ampere had been widely seen as a prerequisite for Renault's agreement to shed its stake in Nissan, analysts say.\nRenault initially took a 37 percent stake in Nissan in 1999 to rescue the Japanese carmaker from the brink of bankruptcy.\nThe Japanese automaker now expects a net profit of 340 billion yen, compared with its earlier projection of 315 billion yen.\nSales are forecast at 12.6 trillion yen, up from 12.4 trillion estimated earlier.\nFor the three months ended June, net profit more than doubled from the same quarter last year to 105.48 billion yen on sales of 2.92 trillion yen, up 36.5 percent.</p>"}}}},"pageContext":{"slug":"nissan-to-invest-up-to-600-mil-euros-in-renault-s-new-ev-unit"}}}