--Renault S.A., Nissan Motor Co. and Mitsubishi Motors Corp. plan to triple their investment for joint electric-vehicle development to more than 20 billion euros ($22.69 billion) over the next five years, Reuters reported Sunday, citing unnamed sources.

--The three car makers are expected to announce the plan on Thursday, the Reuters report said.

 

Full story: https://reut.rs/3fNdpca

 

Write to Kosaku Narioka at kosaku.narioka@wsj.com

 

(END) Dow Jones Newswires

January 23, 2022 20:22 ET (01:22 GMT)

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