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Consumer Cyclicals
Mid Cap
Market Cap £2.44bn
Enterprise Value £3.13bn
Revenue £14.21bn
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MEDIA-Nissan CEO says focusing on making batteries more competitive - Les Echos

Mon 8th June, 2020 7:07am
PARIS, June 8 (Reuters) -    ** Nissan CEO Makoto Uchida
tells French financial daily Les Echos that Nissan's electric
vehicles must be competitive and that batteries will be the key
component in the future. He said that making battery prices more
competitive is being discussed in-depth in the alliance.
    ** Uchida says shareholding changes in the Renault-Nissan
alliance are not something being discussed today, "we have other
    ** Says future of UK's Sunderland plant is uncertain, will
depend on Brexit negotiations over tariffs*:nL8N2DG51Y
    ** Nissan is looking alongside Renault at ways of reducing
production costs for Micra model made in Renault France factory
    ** Says closing Barcelona factory was a difficult decision,
company is discussing the matter with workers
    Note: Reuters has not verified this story and does not vouch
for its accuracy

 (Reporting by Gilles Guillaume and Sarah White
Editing by GV De Clercq)
 ((; +33 1 4949 5343; Reuters Messaging:
Twitter: @gvdeclercq))
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