Nissan
and Renault plan to strengthen their research and development alliance for next-generation
models such as fuel cell electric vehicles.

Target markets with their particular needs and vehicle operating conditions
will determine which of the two companies will lead a particular project.

For example, Nissan will lead Renault in FCEV development for the US market
because Nissan has more experience and manufacturing facilities in North America.

The two companies plan to invest 85 billion yen ($US682 million) in a five
year FCEV development project which will require 300 engineers.


To view related research reports, please follow the links
below:-

Renault
Strategic Review

Global
Car Forecasts to 2005

Nissan
Strategic Review