Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
- Nissan Motor Co (OTC:NSANY) and Renault SA (OTC:RNLSY) are set to collaborate on six new production vehicles in India for domestic and international customers.
- An initial investment of around $600 million is planned to support the new projects, which is expected to create 2,000 new jobs at the Renault Nissan Technology & Business Centre in Chennai.
- The production will include two new fully electric vehicles, uplifting the Renault-Nissan center into an international export hub.
- Also Read: Renault-Nissan-Mitsubishi Alliance Lists New Initiatives To Ramp-Up Partnership
- The six new models will comprise of three for each company and will include four new C-segment SUVs.
- "India was the first Alliance plant and India will be at the centre of this new chapter of the Alliance, with new vehicles, new R&D activities and new export markets taking our joint operations to the next level,” said Guillaume Cartier, Chairperson for Nissan’s Africa, Middle East, India, Europe and Oceania region.
- Under the new framework agreement, Renault Nissan Automotive India Private Ltd (RNAIPL) will move to ownership of 51% Nissan - 49% Renault.
- Also Read: Renault Signs MOU With PUNCH Torino For Low-Emission Diesel Engines
- Price Action: NSANY shares closed lower by 0.29% at $7.39 on Friday.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!