Mitsubishi Motors to invest up to 200 million euros into Renault's new EV unit
Nissan has already committed to invest up to 600 million euros ($640.98 million) in the unit, consistent with it being a strategic investor and securing a board seat on the new company.
![Mitsubishi Motors to invest up to 200 million euros into Renault's new EV unit](https://cdn.zeebiz.com/sites/default/files/2023/10/24/266263-screenshot-2023-10-24-133644.png?im=FitAndFill=(1200,900))
Its decision to invest in Ampere comes after Mitsubishi's partners, Renault and Nissan Motor, finalised a restructured alliance in July. (Image credit: Reuters)