Group 1 - Nissan plans to reduce its stake in Renault by selling 5% of its shares, maintaining a 10% ownership after the sale, which is expected to generate 100 billion yen (approximately 4.96 billion RMB) for new model development [2][3][9] - The long-standing alliance between Nissan and Renault, which began in 1999, is transitioning to a "looser cooperation" phase, with both companies agreeing to lower their minimum shareholding from 15% to 10% [3][5] - Nissan's CEO Ivan Espinosa stated that this move does not indicate a weakening of the alliance but aims to focus more funds on product and technology upgrades, reflecting a shift towards a "low binding, high autonomy" model [8][12] Group 2 - Nissan's financial performance has significantly declined, with operating profit dropping by 87.7% to 69.8 billion yen (approximately 3.48 billion RMB) and a net loss of 670.9 billion yen (approximately 33.42 billion RMB) for the fiscal year 2024 [9][10] - The company faced a 17.2% drop in sales in China, the largest decline among mainstream joint venture brands, attributed to an aging product lineup and slow electric vehicle deployment [9][11] - Nissan is exploring new collaboration opportunities, including potential partnerships with Honda to reduce transformation costs and leverage each other's strengths in electric vehicle technology [12][14] Group 3 - The restructuring plan "Re: Nissan" aims to cut 250 billion yen in variable costs and 250 billion yen in fixed costs, including a workforce reduction of 20,000 employees and the closure of seven factories, with a goal of achieving positive operating profit and free cash flow by fiscal year 2026 [14][16] - The key to Nissan's future success lies not in the percentage of share reduction or redefined alliance relationships, but in its ability to catch up in the fields of new energy, intelligence, and market positioning [16]

Group 1 - Nissan has decided to abandon the plan to build an electric vehicle (EV) battery factory in Kitakyushu, originally planned with an investment of approximately 153.3 billion yen due to poor performance in North America and China [1][2] - The factory was intended to produce lithium iron phosphate (LFP) batteries, which can reduce costs by about 30% compared to traditional batteries, and was expected to be operational by 2025 [1][2] - The cancellation of the project will significantly impact Nissan's EV business, which is already facing challenges from competitors like Tesla and BYD [2] Group 2 - Nissan's new president, Ivan Espinosa, is accelerating restructuring efforts, which include a plan to cut approximately 9,000 jobs, accounting for about 7% of the company's global workforce, and reduce production capacity by 20% [2] - The company has drastically revised its asset values and announced a projected loss of up to 750 billion yen for the fiscal year ending March 2025, compared to a profit of 426.6 billion yen in the previous fiscal year [2]