Electric vehicle collaboration talks Foxconn has confirmed its interest in acquiring Renault’s stake in Nissan if required for collaboration on electric vehicle projects. In a recent statement, Foxconn Chair Young Liu clarified that while acquiring shares is not the primary goal,

Hon Hai Precision Industry Co. is open to buying Renault SA’s stake in Nissan Motor Co., a move that may offer the struggling Japanese carmaker a lifeline.The Taiwanese company has approached Nissan and Honda Motor Co.