- Renault ADR (OTC:RNLSY) is reportedly in talks with Nissan Motor Co Ltd (OTC:NSANY) about collaborations in electric vehicle charging in 11 European countries.
- The talks have moved to the next level in France on EV charging boxes that can be installed at homes for Nissan EV, reported Reuters.
- The charging boxes will be supplied by the Mobilize unit of Renault.
- Also Read: Renault In Talks With AutoNation For Alpine Sales In US
- “We are in talks about the 11 countries where we are present … it is up to Nissan to decide,” the report quoted Renault’s charging unit CEO Nicolas Schottey.
- In January, Renault and Nissan reached a milestone in strengthening the ties of the alliance.
- Also Read: Nissan, Renault Invest $600M To Produce Six New Models In India
- Price Action: RNLSY shares are trading higher by 0.13% at $7.90 on the last check Thursday.
Credit Suisse Maintains Neutral on Otis Worldwide, Raises Price Target to $80
Credit Suisse analyst John Walsh maintains Otis Worldwide (NYSE:OTIS) with a Neutral and raises the price target from $79 to $80.
