To Make Them More Accessible to the Public, Automakers Renault, Mitsubishi, and Nissan Join Forces for New Electric Car Launches

Automakers Aim to Increase Access to Electric Cars Through New Launches

Vehicle manufacturers Renault, Mitsubishi, and Nissan are joining forces to form an alliance aimed at jointly developing new electric cars to make them more accessible to the public. The intention of the automakers was revealed by Reuters on Monday, January 24, after hearing sources connected to the matter.

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The three automakers, renowned in the automotive sector, will triple their investments to produce electric cars, as demand and competition in the market continue to grow. To this end, Renault, Mitsubishi, and Nissan intend to jointly invest at least US$ 23 billion – approximately R$ 126 billion at the current exchange rate – over the next five years.

The automakers have named their union “Alliance for 2030” and are set to officially formalize it on Thursday, January 27, also providing more information. According to Reuters, the planning addresses “enhanced cooperation” among the automakers, as well as a “shared vision of electrification and connected mobility.” The alliance of the three companies has developed and partially implemented four electric vehicle platforms.

In addition to the points already mentioned, the merger also foresees the shared use of new solid-state lithium-ion batteries, for which Nissan is responsible for research and development. This new battery technology, which is cobalt-free, allows for a 65% reduction in production costs of the component, a crucial fact for making electric cars more affordable.

30 New Models Over the Next 8 Years

Starting with the “Alliance for 2030,” the expectation is that at least 30 new electric car models will be launched in the market by 2030, according to sources from the publication. The cars will utilize five common platforms, four of which are already partially developed and implemented, while the fifth is expected to be launched around mid-2025.

Of the mentioned platforms, one is designated for more affordable cars and another for electric SUVs. The other two, however, are intended for tiny cars (kei cars) and light commercial vehicles. The fifth platform, still being developed by the professionals responsible for the sector at Renault, will focus on compact models.

Nissan had already opted to use this platform, called CMFB-EV, along with other standardized components, to make the electric compact car Nissan Micra. In addition, Renault is expected to produce a similar electric car based on this same platform, according to sources. The Micra EV is expected to launch later this decade.