Nissan Motor Co’s negotiations with its partner and top shareholder Renault SA are focused on optimising their investment in electric vehicles and improving the competitiveness of the alliance, the Japanese automaker’s CEO told Reuters on Friday.
Negotiations between Renault and Nissan are ongoing with less than two weeks remaining to meet a Nov. 15 target the automakers had set to reach a deal, according to people with knowledge of the talks.
Nissan’s Chief Executive Makoto Uchida declined to comment on the timing of potential deal with Renault and whether it can be done this month.
