Nissan motor is reviewing the possibility of an internal project code-named Hermes, which involves investing in a Chinese electric car start-up and buying a 25 per cent stake, and has narrowed its potential target to three companies, including wima and united motors, as well as three others.
　　Wima/united/car and home one of the three? Nissan may buy a 25 per cent stake in a Chinese carmaker
　　Hiroto Saikawa, nissan's chief executive, is understood to have said in an email to Carlos Ghosn, nissan's chief executive, that he would not rule out bringing another company into the alliance and that expansion could also include investments in Chinese companies in electric cars or internet-connected services. Nissan plans to spend 1 trillion yen ($9 billion) over five years to become the largest electric carmaker in China, a senior executive said in an interview.
　　Wima/united/car and home one of the three? Nissan may buy a 25 per cent stake in a Chinese carmaker
　　The nissan leaf is already the no. 1 new energy car in the world in terms of cumulative sales, but in China, a huge market, nissan's new energy models seem to be a little weak, and local manufacturers like byd and baic new energy now have a big advantage. At the same time, nissan believes that Chinese start-ups are more flexible than traditional manufacturers, have a stronger impact on the industry, and there is a need for cooperation. Nissan and the three Chinese companies have not commented on the investment.
　　Source: Pacific automotive network (dongguan oneness filtration technology co., LTD.)