Renault's new EV outfit to get investment from chipmaker Qualcomm

Japanese business partners Nissan and Mitsubishi undecided on participation

20221108 QUALCOMM and Renault

Qualcomm and Renault said they would extend their strategic cooperation on electric cars. (Source photos by AP and Reuters) 

KENYA AKAMA and MADOKA KITAMATSU, Nikkei staff writers

TOKYO/PARIS -- Renault announced on Tuesday that U.S. chipmaker Qualcomm will invest in its planned electric vehicle company, part of the French automaker's structural reforms amid a rapid market shift towards green cars.

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