The Renault-Nissan-Mitsubishi Motors alliance announced Thursday that it will invest 23 billion euros in electric vehicles in the next five years.
The alliance of the three manufacturers said in a statement that it will launch 35 models of these cars by 2030.
The alliance said in its statement that it is also scheduled to enhance the use of common platforms between the three companies to include eighty percent of their total models in 2026, compared to sixty percent currently.
This announcement confirms the alliance’s accelerated work in the electrification of cars, as its three members have invested more than ten billion euros in this field so far.
This is also one of the first goals announced by the alliance in numbers since the renewal of the leaders of Renault and Nissan after the fall of Carlos Ghosn at the end of 2018, which caused a serious crisis of confidence between the two partners.
“Three years ago, the alliance was going through a crisis unprecedented in its history against the backdrop of mistrust,” Jean-Dominique Senard, president of the alliance and president of Renault, said Thursday during an online press conference.
Senar stressed that “this crisis is over” and that the alliance today is “stronger than ever” with “solid foundations” and “flexible cooperation”.
For her part, Renault’s Chief Financial Officer Clotilde Delpoe said that the alliance’s investment of 23 billion euros in electric vehicles takes into account their respective strategic plans previously disclosed by member companies.
(AFP)