Why Nissan is against Renault’s cooperation with the Chinese
January 18, 2023
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An interesting situation has arisen in the global automotive technology market. The traditional Old World auto industry has set its sights on a bright electric future, gently forgetting
An interesting situation has arisen in the global automotive technology market. The traditional Old World auto industry has set its sights on a bright electric future, gently forgetting its roots. However, this is common for any revolution. And suddenly China, which has long flown into the future but still values traditions, is actively buying up what the rest of the auto industry appears to be junk. Portal “AutoVzglyad” understands the situation.
The mass transition of Europeans to electric traction is constantly accompanied by scandals. Since last year, Renault and Geely have been negotiating the sale to the Chinese side of part of the French company’s activities related to the production of internal combustion engine cars. However, this deal is opposed by Renault’s main partner, represented by Nissan. The fact is that Nissan and Renault are now restructuring their alliance, one of the tasks of which was to equalize the shares of companies in each other’s company.
Since Renault connects its future exclusively to electricity, it was decided to sell a package of technologies for the production of cars with internal combustion engines. In addition, the Chinese Geely acts as a buyer. Which the Japanese don’t like at all. However, a high-profile divorce never goes smoothly, and according to the AvtoVzglyad portal, the Chinese will still win in this process.
And in keeping with their tradition, they will have access quickly and without long and expensive research to European know-how, on which billions and decades have been spent. And apparently the era of internal combustion engines won’t end anytime soon. Moreover, in the words of experts, there are increasingly doubts about the bright future of electric transport.
The mass transition of Europeans to electric traction is constantly accompanied by scandals. Since last year, Renault and Geely have been negotiating the sale to the Chinese side of part of the French company’s activities related to the production of internal combustion engine cars. However, this deal is opposed by Renault’s main partner, represented by Nissan. The fact is that Nissan and Renault are now restructuring their alliance, one of the tasks of which was to equalize the shares of companies in each other’s company.
Since Renault links its future exclusively to electricity, it was decided to sell a package of technologies for the production of cars with internal combustion engines. In addition, the Chinese Geely acts as a buyer. Which the Japanese don’t like at all. However, a high-profile divorce never goes smoothly, and according to the AvtoVzglyad portal, the Chinese will still win in this process.
And in keeping with their tradition, they will have access quickly and without long and expensive research to European know-how, on which billions and decades have been spent. And apparently the era of internal combustion engines won’t end anytime soon. Moreover, in the words of experts, there are increasingly doubts about the bright future of electric transport.
Donald Salinas is an experienced automobile journalist and writer for Div Bracket. He brings his readers the latest news and developments from the world of automobiles, offering a unique and knowledgeable perspective on the latest trends and innovations in the automotive industry.