Renault-Nissan-Mitsubishi Aim To Launch 12 Electric Vehicles By 2022

Renault-Nissan-Mitsubishi wants to sell 40% more cars by 2022

The Renault Zoe, a hatchback one size smaller launched in 2012 by its French alliance partner, is the best-selling electric auto in Europe-though its uses largely separate underpinnings than the Leaf.

"To achieve this target, on one side Renault, Nissan and Mitsubishi will accelerate collaboration on common platforms, powertrains and next-generation electric, autonomous and connected technologies".

Among the most significant: The group said it will launch 12 separate battery-electric vehicles globally by 2022.

The alliance announced that through 2022 it will expand development of vehicles with different levels of autonomous technology, starting with partial human monitoring and ending with a fully driverless auto that can ride on highways.

As governments plan future restrictions on diesel and gasoline engines, Ghosn said drivers are saying to themselves, "I'm going to go electric because I don't want to have a problem with the vehicle I have today three, four years down the road".

"By the end of our strategic plan Alliance 2022, we aim to double our annual synergies to €10 billion".


The announcements are part of an overall strategic plan released Friday for the next five years, its first such plan since it took over Mitsubishi last year. Over the same period, 40 vehicles will be introduced with different levels of autonomy, all the way to fully autonomous capability.

The alliance sold more cars than any other manufacturer in the first half of 2017 and is looking to ride on its growing reach by expanding electric vehicles into the mass market.

The trio of Renault, Nissan Motor and Mitsubishi represent the world's largest automotive alliance.

Carlos Ghosn, chairman and chief executive officer of the Alliance, said, "This plan will boost the growth and profitability of our member companies". Those include a doubling of synergies to 10 billion euros from 5 billion euros, and total revenues of $240 billion from $180 billion in 2016.

Equally important, those 12 vehicles will "utilize common platforms and components" across all three brands, meaning significant economies of scale. However, it did specify that it will launch four shared platforms with the aim of producing over 9 million vehicles on them.

Moreover, the common platform strategy (based on the CMF architecture) will be extended to a new common EV platform with advanced autonomous drive capability and to a new B-segment common platform for mid-sized vehicles.

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