ROME – It is fixed, after a long period of pregnancy, the alliance between Renault, Nissan and Mitsubishi with the common goal of electric mobility. The expected investment by Japanese companies in Ampere, Renault’s electric vehicle division, the use of common platforms and the future status “on the pipeline” in the merger plan announced today by the CEOs of the three companies during the press conference of information. In detail, Nissan will invest up to 600 million euros in Ampere, which will create the electric car of the future in Europe, which will replace the Micra. Mitsubishi Motors’ commitment to Ampere, to which the Japanese company will entrust the development and production of its first and new 100% electric C-segment SUV starting in Europe, will reach up to 200 million euros.
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and Paolo Odinzov
Today 60% of cars produced share the same platform. But this percentage is expected to increase, the three groups said in their press release. The new electric Nissan Juke and Leaf will be based on the Cmf-Ev platform, jointly developed by Renault and Nissan for their electric vehicles.
Nissan will also be a customer of Horse, Renault’s subsidiary dedicated to hybrid and internal combustion engines, and will receive “six families of gearboxes and engines” with around 500,000 units per year. Horse will also supply “several industrial customers,” including Mitsubishi Motors.
Renault, Nissan and Mitsubishi – in which Nissan holds a 34% stake – have restructured the alliance that has bound them since 1999 with a new agreement, which came into force at the beginning of November. If previously Renault held 43.4% of Nissan, now the two companies have a share ownership of 15%. This subsidiary will also design and produce an electric Mitsubishi model. Nissan is still evaluating a stake in Renault’s circular economy subsidiary, “The future is neutral”, which includes the repair and recycling facilities of the French group’s plant in Flins.
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and Paolo Odinzov
The heads of the three carmakers will meet on Wednesday in Boulogne-Billancourt for the monthly meeting of the Union’s board of directors. A series of joint projects in Latin America is expected to help “strengthen cooperation”, including a small pick-up developed by Renault and “shared with Nissan”, the Niagara.
The alliance also plans to “consolidate” its electric operations in the continent, with the sale of two small electric cars. Payment infrastructure is also mentioned as one of the “joint projects of the future”.