Industry/Official

Renault-Nissan-Mitsubishi Alliance to launch 12 electric models by 2022

Renault-Nissan-Mitsubishi-Alliance-2022

Renault Nissan Alliance along with the new member Mitsubishi have formed ‘Alliance 2022’ – a six-year plan with a target to double annual synergies to €10 billion by the end of the plan.

Under Alliance 2022, the member companies will increase the use of common platforms, with 9 million units based on four common platforms. The plan will also extend the use of common powertrains to 75 percent of total sales.

Alliance 2022 plans a major expansion in shared electric vehicle technologies, along with the development and deployment of advanced autonomous drive systems, vehicle connectivity and new mobility services.

12 new electric vehicles will be launched by 2022, utilizing new common electric vehicle platforms and components for multiple segments. Over the same period, 40 vehicles will be introduced with different levels of autonomy, all the way to fully autonomous capability. Becoming an operator of robo-vehicle ride-hailing services is a major part of the new mobility services strategy, said the alliance.

“Our total annual sales are forecast to exceed 14 million units, generating revenues expected at $240 billion by the end of the plan”, said Carlos Ghosn, Chairman and CEO of the Alliance. “The Alliance has grown and performed with two members since 1999. With Alliance 2022, we will prove that we will grow and perform with three companies or more.”

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