30 new models by 2030
Renault, Nissan and Mitsubishi are planning an e-offensive
01/23/2022 10:06 p.m
Electromobility is on the rise, and Renault, Nissan and Mitsubishi also want to benefit more from it in the future. With investments running into the billions, they plan to jointly develop numerous new models. Their goal: make e-cars more competitive – especially in terms of price.
According to insiders, the car manufacturers Renault, Nissan and Mitsubishi want to triple their investments in the joint development of electric vehicles. The Franco-Japanese alliance wants to announce a plan next Thursday that envisages more than 20 billion euros over the next five years, two people familiar with the project told the Reuters news agency.
By 2030, more than 30 new battery-powered vehicles are to be developed based on five common platforms. The money is in addition to the ten billion euros that the group has already spent on electrification. Representatives for Nissan, Renault and Mitsubishi did not immediately respond to requests for comment.
The plan, called “Alliance to 2030”, is said to be aimed at “increased cooperation” between car manufacturers. They have “a common vision for electrification and connected mobility,” said one of the insiders. The five joint platforms are expected to cover 90 percent of the electric vehicles that the companies plan to develop and bring to market by 2030.
The car manufacturers hope to be able to make electric cars more affordable in the future with the cooperation. By 2025, electric vehicles in the compact class should cost about the same as petrol or diesel cars, according to the target. The alliance is also expected to share solid-state lithium-ion battery technology developed by Nissan.
The bosses of the three car companies originally wanted to present their joint plans at an event in Japan last fall. Because of the corona wave in the country, the performance has now been postponed to the last week of January, the insiders said.