Good news, everyone! Well, maybe. It seems the Renault-Nissan-Mitsubishi Alliance may have snagged the first deal with a mobility company through their “Alliance Ventures” funding campaign. Set to spend $1 billion to support open innovation, start-ups, and entrepreneurs in technology, the alliance started off the campaign by setting aside $200 million for the first year’s budget. Much of the collaborators interest lie within self-driving autonomous vehicle technology, like robotaxis, and alternative fuel technology. The new collaboration between the Renault-Nissan-Mitsubishi Alliance and the Didi Auto Alliance (China based) will be looking at electric-vehicle car sharing.
Two Alliances Meet
We already knew the Renault-Nissan-Mitsubishi Alliance (Man they need an acronym) was already going into the electric vehicle market with gusto, and now it seems that making their own hybrid SUVs and vehicles isn’t the only item on the menu. Working with other companies via the Alliance Ventures funding campaign was already obvious, but we didn’t know how global the campaign was set to go until now. April 2018 dons the first announcement that the Renault-Nissan-Mitsubishi alliance will be collaborating with Didi Auto Alliance to pursue new smart mobility solutions in China.
The Didi Auto Alliance is an intelligent ride-sharing alliance that was initiated by Didi, a Chinese ride-sharing, artificial intelligence, and autonomous technology conglomerate. Think “Uber” here in the states. Didi Auto Alliance aims to unite all its members to transform the business model of the automotive industry and become the largest full-capacity vehicle operator platform in the world. What a strong partner to match up with for the Renault-Nissan-Mitsubishi Alliance.