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Nissan, Mitsubishi & Renault alliance increase their investment on EV development

James Bryant by James Bryant
January 26, 2022
in Industry, Mitsubishi, News, Nissan, Renault
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Nissan Mitsubishi Renault alliance 750x375 - Nissan, Mitsubishi & Renault alliance increase their investment on EV development
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The world's automotive industry is turning to electric vehicles. This makes the alliance of Nissan, Mitsubishi, and Renault plans to increase their investment in producing electric cars.

The increasingly massive development of electric vehicles has made the three manufacturers move quickly to deepen this collaboration.

The goal is that the alliance can produce 30 electric cars using a new battery system built from the manufacturer's platform by 2030. This is an additional 10 billion euros that the alliance has spent on electrified vehicles.

See also: Nissan plan build new battery recycling factories in the United States and Europe by 2025

However, a Nissan spokesman declined to comment on the speculation. Meanwhile, a spokesman for Renault and Mitsubishi did the same thing.

The alliance plans to forge more intensive cooperation until 2030. Its goal is electrification of vehicles and connected mobility.

See also: Renault will be 100 percent electric by 2030 in Europe

Reportedly, the five common platforms are expected to account for 90%, of the electric cars that are expected to be developed and launched by 2030. This alliance of three car manufacturers has already developed and partially deployed four common EV platforms.

Tags: electric carelectric vehicleelectric vehiclesInvestMitsubishiNissanRenault
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