Nissan invests $663 million in Renault's EV unit as alliance restructured

Nissan will invest up to $663 million in Renault's electric vehicle unit Ampere.
The investment aims to rebalance the alliance and establish more equal cross-shareholdings.
Renault will reduce its Nissan stake from 43% to 15% by placing shares in a French trust.
The deals provide strategic agility in today's rapidly evolving auto market environment.
The investments have potential to generate hundreds of millions in value for both companies.