In 1999, Renault, a French multinational automobile manufacturer, teamed up with the world-renowned Japanese automobile manufacturers, Nissan, to form an alliance that would transform the automobile industry by pushing the limits of ground-breaking technologies and state of the art innovations. They were the leaders in electric vehicle sales. Then, in 2016, the global giant, Mitsubishi Motors, joined the team and pushed sales even further by selling almost 10 million vehicles in 200 countries by the end of 2016.
There is great news for Mitsubishi in the years to come because to the Nissan-Mitsubishi-Renault alliance, good-enough is not good enough. Instead of being content with being the leader in electric vehicle sales, the alliance is coming up with new ways to stay at the top. The alliance has made plans to introduce even more highly-innovative electric vehicled in their new plan that they are calling Alliance 2022. With this plan, the three car manufacturing giants plan to produce 12 new zero-emission electric vehicles to their product line by the year 2022.
Improvements to their electric vehicles will also include a faster charging time for the vehicle’s battery. It is estimated that the new batteries will allow the vehicle to travel 230km after only charging for 15 minutes.
Expanding to Commercial Markets
In addition to the 12 new zero-emission vehicles, the alliance also plans to introduce 40 other vehicles with different levels of autonomous drive options, including a fully automated option. There is even talk of creating a robo-vehicle taxi service that Ghosn feels could be beneficial for companies like Uber and other commercial transportation companies. With this plan, the alliance has the potential to also become the leader in autonomous drive technologies.
The Alliance 2022 plan is also very focused on synergies. This six-year plan has a projected target of €10 billion in annual synergies, which the alliance hopes will help it to gain the competitive edge against its competitors.
Renault, Nissan, and Mitsubishi Motors plan to work together to come up with new ideas on different components of the new vehicles in hopes that their collaborations will be able to bring in a revenue of $240 billion by the end of the plan.
After hearing this exciting Mitsubishi news, consumers should be on the lookout for the new Nissan, Mitsubishi, and Renault zero-emission vehicles that are sure to revolutionize the way people see and drive electric cars.