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Renault-Nissan alliance reboot will kick off with five projects

Renault SA and Nissan Motor Co. are moving ahead with a plan to recalibrate a two-decades-old alliance that had weakened over time, starting with a range of industrial projects alongside an agreement to rebalance capital ties, according to people familiar with the situation. Top executives from the alliance partners held an operating board meeting on Thursday, giving a nod to bringing Nissan and Renault’s cross shareholdings to an equal level, as well as common projects as part of the reshaped cooperation, the people said. The partners also agreed on an alliance event to be held on Feb. 6 in London to present details of the plans, the people added, declining to be named discussing details before they are public. Under the landmark plan, Renault is expected to cut its 43% stake in Nissan to 15% via an orderly disposal of shares over time to eliminate lopsided capital ties that have been a source of friction for years. The tentative agreement comes after years of tension that at one point spilled over into Japanese-French politics when Renault-NissanÂ’s then-leader Carlos Ghosn weighed to merge the two companies.   The partners also agreed to continue collaborating on various industrial projects, a condition that was crucial for Renault to obtain approval for the rebalancing from its most powerful shareholder, the French government. Media representatives for Renault and Nissan declined to comment. The boards of directors of the respective companies will have to approve the agreement in meetings to be held in coming days, the people said.  Code name: ‘ReloadedÂ’ The redesigned alliance will allow Chief Executive Officer Luca de Meo to move on with a complex split of Renault into five separate businesses, including carved-out electric-vehicle business Ampere and to deepen ties with a series of other partners, including ChinaÂ’s Zhejiang Geely Holding Co. and Qualcomm Inc., the people said. “The interest for each of the partners is now to be able to move forward without, for example, RenaultÂ’s management getting distracted in endless trans-national politics,” says Stifel analyst Pierre-Yves Quemener. Failure of the talks would have been “a negative,” Quemener said.  Renault, Nissan and junior partner Mitsubishi Motors Corp. will embark on roughly five projects initially, codenamed “Reloaded,” with others to follow, the people said.

Nissan e-NV200 EV charges into Tokyo

Nissan has already shown its e-NV200 in Detroit and Frankfurt in conceptual form, now its home market is getting an up-close look at the production all-electric compact van at the Tokyo Motor Show. While it doesn't sound like the e-NV200 will be making its way to the US anytime soon, it will go on sale on sale in Europe in the middle of next year and in Japan by early 2015.
The electric NV200 will be built in Barcelona, Spain, and while that EV-minded city has committed to using the van for public transportation, Nissan's hometown of Yokohama, Japan will also put the zero-emission vehicle to work in its public services fleet. Nissan has yet to reveal the production specs for the e-NV200 - including range - we do know that it will share much of its drivetrain with smaller Nissan Leaf. Check out the press release posted below for more information about the e-NV200 and Nissan's EV efforts in Yokohama.

Nissan Leaf Aero Style wears new body kit in Japan

Here we have the Nissan Leaf Aero Style, which the automaker says "offers 100% electric vehicle performance in a new stylish and sporty shape." We call it a Nissan Leaf with a not-terribly-attractive body kit and two-tone wheels. Suffice it to say, it's not much like the conceptual version Nissan showed off at the Tokyo Motor Show back in 2011...
Our blunt assessment of the Leaf Aero Style doesn't necessarily mean it's bad, of course. It's still, best we can tell, a Nissan Leaf through and through, which means it has the same 107 horsepower, 187 pound-feet of torque and 24-kWh battery pack as every other new Leaf. That, in turn, means it has an official range of 75 miles (though you're probably better off assuming you can get 50 or so miles per charge in the real world) and a top speed of 90 miles per hour.
The Nissan Leaf Aero Style will go on sale in Japan in December of 2013, and there's no word on whether or not it will make its way to the States. There's also no official word on whether the Aero Style is actually any more aerodynamic than the standard Leaf, one of the slipperier cars on the market. If you want to read all about Nissan's presence in Tokyo, scroll down below. If you just want to see the new body kit and wheels, check out our high-res image gallery above.