The three automakers aim to grab sizeable share in world EV market with ‘Alliance 2022’ plan
Renault, Nissan and Mitsubishi in alliance to make 12 electric vehicles by 2022 as part of their plan ‘Alliance 2022’, through which the French and Japanese automakers trying to grab a sizeable share in the world EV market. The alliance of these three automakers is also aiming to double their annual profit to €10 billion by using the synergies.
Under the ‘Alliance 2022’ plan, Renault, Nissan and Mitsubishi will launch 40 other vehicles apart from the electric cars. These other vehicles will come with different levels of autonomous driving technology. Together, the automakers are planning to roll out more than 9 million vehicles across the world by 2022, based on four platforms. This marks a huge boost from the 2 million vehicles rolled out in 2016 based on two different platforms.
The Renault-Nissan Alliance chairman Carlos Ghosn has said that the three automakers are accelerating their collaboration on the shared platforms, powertrains and new generation technologies like electric powertrain, autonomous driving and connected tech. With this technology and platform sharing, all the three brands will be benefitted.
As Mr. Carlos Ghosn said, synergies between these three brands will help the alliance to generate more revenue. As the alliance aims, it wants to sell 14 million units across the world annually after the plan and by the end of the plan it wants to generate $240 billion revenue as well. As Carlos Ghosn explains it, the alliance wants to be the number one provider of mainstream, mass market and affordable electric vehicles around the world.
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We can expect India to play a crucial role in the Alliance 2022 strategy, considering the country’s ambitious drive to adopt pure electric mobility by 2030. We might see Renault, Nissan and Mitsubishi rolling out some interesting products including the electric vehicles here soon. For instance, Nissan has already announced that it will launch the new Leaf EV here.