TOKYO - Japanese automaker Mitsubishi Motors plans to invest into the new electric vehicle unit of Renault, with the investment expected to be about 20 billion yen , the Nikkei newspaper reported on Tuesday.A decision by Mitsubishi to invest into the EV unit, named Ampere, would come after its partners Renault and Nissan Motor finalised a restructured alliance in July.
Nissan, as part of that move, committed to invest up to 600 million euros in the unit, consistent with it being a strategic investor and securing a board seat on the new company.