Nissan, Renault, Mitsubishi to set up $1 bil. venture capital fund

Nissan, Renault, Mitsubishi to set up $1 bil. venture capital fund

Nissan Motor Co. Chairman Carlos Ghosn speaks at a press conference in Las Vegas, Nevada, on Jan. 9, 2018. Nissan and its alliance partners Renault SA and Mitsubishi Motors Corp. will set up Alliance Ventures, a venture capital fund of up to $1 billion to invest in companies involved in next-generation automobile technology over the next five years. (Kyodo) ==Kyodo

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