Alliance 2022: Renault-Nissan-Mitsubishi aims for electrification, autonomous driving

Ivan Schwartz
September 16, 2017

As mentioned above, the plan also calls for major expansion in electric vehicle technologies, alongside the development and deployment of self-driving and connectivity technologies.

The French-Japanese alliance, which now also includes Mitsubishi, is further hoping to double synergy savings from pooling resources in the alliance to about 10 billion euros ($12 billion) within six years, Ghosn said.

With the addition of Mitsubishi, the Renault Nissan Alliance is now at the same scale as the three traditional global industry leaders: General Motors, Toyota, and Volkswagen Group, each of which builds roughly 10 million cars a year.

The Renault-Nissan alliance is ramping up electric auto production, vowing 12 new models by 2022 and to make electric cars 30 percent of its overall production.

"Today marks a new milestone for our member companies".

Presented by chairman Carlos Ghosn, the Alliance 2022 plan calls for the companies to double annual synergies to €10 ($11.9) billion and "accelerate collaboration on common platforms, powertrains, and next-generation electric, autonomous, and connected technologies".

"This plan will boost the growth and profitability of our member companies".

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The 14 million units at horizon 2022 are expected to represent a combined turnover of 240 billion dollars (201 billion euros), has exposed Mr. Ghosn.

Sales a year ago were 10 million units. At the same time, aggregate sales of electric vehicles reached a combined total of more than 500,000 units. The doubling of synergies will be achieved partially by contributions from Mitsubishi Motors, specifically through deeper localization, joint plant utilization, common vehicle platforms, and an expanded presence in mature and emerging markets.

The last goal of introducing a fully self-driving system is part of Ghosn's vision to see the alliance become the operator a self-driving taxi service.

In order to achieve the targets, the main strategy will be for the three companies to use four common platforms - the basic structure of a vehicle. However, it did specify that it will launch four shared platforms with the aim of producing over 9 million vehicles on them.

The electrification building block will involve common, scalable EV platforms for multiple segments by 2020, with a forecast that 70 per cent of EV volumes will be based on shared platforms by 2022.

As of December 2016, the Alliance is the world's leading plug-in electric vehicle manufacturer, with global sales since 2010 of nearly 425,000 pure electric vehicles, including those manufactured by Mitsubishi Motors who is now part of the Alliance.

Other reports by GizPress

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