nissan motor co and renault sa plan to invest about 600 million in india to produce six new models including two electricvehicle models the companies said monday the six new models will comprise of three for each company on common platforms and will be engineered and built in chennai india the french and japanese auto makers said two new electric vehicles will be the first electric vehicles for both renault and nissan in india they said additional research and development activities will create up to 2000 new jobs the companies said the french auto maker recently agreed to reduce its stake in the japanese auto maker to 15 from 43 and retain a 15 crossshareholding with nissan as part of the alliances reorganization the alliances new initiatives include operational projects in latin america india europe they have said