Whether Mitsubishi’s position on investing with Renault in the electric car division is frequently dissatisfied. This was confirmed by the CEO of the Japanese company, Taku Kato, who said that it requires carefully study, and does not need to be rushed.
Nissan operates, in accordance with the announcement of its president, Makoto Oshida, to enter a direct investment in the electric car unit or in any other form. Renault is currently dividing its business into two separate units, the first for internal combustion engines and the other for electric cars.
Despite the close ties that Nissan and Breno share, Kato stated in an interview with Reuters that Mitsubishi is still apprehensive to be ruled by their union.
Such a brief period of time.
According to some reports, Mitsubishi may acquire a very few stake in the electric car unit in order to maintain its close relationship, Breno and Nissan, as the Japanese company still cannot decide whether investing in this unit will benefit the development of its products in the future or not.
The news of Mitsubishi’s position comes a few days after Renault, through its CEO Renault Luka de Miu, announced that his company would establish partnerships in batteries, electric motors, and energy electronics in order to control 80% of the value chain of electric vehicles before the target year of 2030. He stated, “We want to participate in the investment And joint development and innovation, what we have is no longer sufficient.
Mitsubishi makes suggestions that it won’t partner with Renault on electric vehicle projects.
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