Back in March 2022, the Renault-Nissan-Mitsubishi Alliance shared new business plans for the next eight years, Alliance 2030. Two years after their mid-plan strategy announcement in May 2020, the Renault-Nissan-Mitsubishi Alliance is fulfilling its promises of connected-car technology system that runs on the Android Operating System, a new E-body core system for electric-electronic architecture, and self-driving technology. According to Alliance 2030, 35 new EV models will be produced by 2030, 24 models will come with intelligent vehicle and driver-assistance technologies for Level 3 and Level 4 autonomy, and a Mitsubishi model may become the first vehicle that’s more software than it is machine. In May 2022, the Alliance announced a new strategy to streamline electric vehicle (EV) development with a new electric vehicle company side project.
According to Nikkei Asia, the Renault automaker CEO, Luca de Meo, confirmed the formation of a new company with alliance partners Nissan Motor and Mitsubishi Motors. Call it a spin off, but like the Mitsubishi Motors Corporation (MMC), where Mitsubishi Electric develops technology for Mitsubishi Motors while supporting its own brand, Renault wants to create an EV unit as an independent company while still a part of the Alliance. To make it work, both alliance partners would also have to invest into the idea and the construction of a new EV facility, for starters.
Read the rest of this entry