The Renault Nissan Mitsubishi Alliance is considering new projects in Latin America, India and Europe

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A year after defining the Alliance’s roadmap for the 2030 horizon, the companies this Monday announced new major projects in Latin America, India and Europe that aim to provide Alliance members with
mutually beneficial resultslarge-scale and tangible in three dimensions: markets, vehicles and technologies.

This was announced by the top leaders of the three car companies after approval from the car companies’ boards of directors, Luca de Meo (Renault), Takao Kato (Mitsubishi) and Makoto Uchida (Nissan), at an event in London. .

The new agreement, as explained by the three executives, means at the same time
a greater commitment and collaboration of the brands, but with more flexibility, allowing each of them to become stronger in their respective markets. It is considered that Renault will transfer 28.4% of Nissan’s shares to a French trust, a stake that the French company can order to sell when it sees fit, while the Japanese company has the right of first refusal to accept the first offer. to be released.

In this way, Renault and Nissan keep a cross-share of 15% and are obliged to keep these shares and also to
its representation in the shareholding of its partner. The terms of the deal also provide that Renault will transfer 28.4% of the shares it owns in Nissan to a French trust, where voting rights for most decisions will be “neutralised”. Both companies have committed to maintenance
for 15 years its 15% cross-shareholdings to ensure the stability of its alliance and thus enable the development of joint projects with its partner Mitsubishi.

In addition, Renault may appoint two representatives to Nissan’s board of directors, who in turn may appoint two other representatives to the said Renault body.

In Europe, the Renault Group and Mitsubishi will benefit from this
the assets of Renault Captur and Renault Clio to develop two new vehicles, such as the new ASX and Colt, based on the CMF-B platform. Thus, the new Mitsubishi ASX will be the first model of the Japanese company to be produced in Spain.

In 2026, the Renault Group will launch FlexEVan, its first vehicle to benefit from the application of Software-Defined Vehicle technology, in Europe, in the light commercial vehicle market, and will share it with Nissan.

After 2026, Nissan and Renault Group will also explore
collaboration opportunities in the next generation of C-segment electric vehicles. To ensure optimal charging time, Nissan and Renault Group will continue to share their technologies in European vehicles, including the possible use of a common 800-volt architecture.

These initiatives reinforce previous commitments, including
Nissan’s future compact electric car (segment B)based on the CMF-BEV platform, which will be produced from 2026 at the Renault Group ElectriCity plant in France.

In Latin America, the Alliance is planning a new pick-up developed by the Renault group and shared with Nissan in Argentina.

It will also continue its partnership on the existing family of Nissan Frontier/Renault Alaskan pickups. Renault Group
will produce pickups in Córdoba (Argentina) for Renault Group and Nissan.

In Mexico, Nissan will produce a new model for the Renault Group. For the first time in 20 years, a Renault vehicle will be produced in Mexico. And in addition, Nissan and Renault Group will enter the market
two common A-segment electric vehiclesboth based on the CMF-AEV platform.

For India and exports, the Renault Group and Nissan will collaborate on several new vehicle projects, including new SUVs shared between the Renault Group and Nissan, and a new Nissan car derived from the Renault Triber. In addition, as in Latin America, Nissan and Renault Group are also considering joint A-segment electric vehicles.

The Alliance has defined
a common roadmap for 2030 in the field of pure electric vehicles and smart and connected mobility, with investments being shared for the benefit of the three companies.

Nissan agrees to take up to 15% in Ampere, Renault’s electric vehicle and software subsidiary, while Mitsubishi is also considering getting into the business. In addition, Nissan and Mitsubishi will be partners in Horse, Renault’s initiative to increase the scale and market coverage of its low-emission hybrid and combustion engine technologies.

Alliance members have developed a ‘smart differentiation’ methodology that defines the desired level of tuning for each vehicle, integrating
different parameters of possible pooling, such as platforms, production facilities, engines or vehicle segment. This is complemented and enhanced by a tighter approach to upper body design and differentiation. For example, the common platform for the C and D segments includes five models from three Alliance brands (Nissan Qashqai and X-Trail, Mitsubishi Outlander, Renault Austral and an upcoming seven-seater SUV).

Alliance members to strengthen this process
make more use of common platforms grow in the coming years from 60% today to more than 80% of its 90 models combined by 2026. This will allow each company to focus more on the needs of its customers, its best models and its core markets, while rolling out the innovations to the entire Alliance, at a lower cost.

The Alliance is working with common partners to achieve real and affordable scale, which will reduce battery costs by 50% in 2026 and 65% in 2028.

With this approach, the Alliance will have in 2030
a total battery production capacity of 220 GWh for electric vehicles in the major production centers of the world.

In addition, the Alliance shares a common vision of solid-state battery technology (ASSB). Drawing on its expertise in battery technology, Nissan will be at the forefront of innovations in this area, which will benefit all Alliance members.

ASSBs will have twice the energy density of current lithium-ion liquid batteries. Charging time is also reduced by a third, allowing customers to make longer journeys.

Within the joint plan, the Alliance
will invest an additional total of EUR 23,000 million on top of the more than €10,000 million already invested in electrification over the next five years, which will translate into 35 new electric vehicle models by 2030.

90% of these models will be based on five common EV platforms, covering most markets and all regions.

The joint plan envisages the use of the so-called CMF-AEV, the most affordable platform in the world,
as the basis of the new Dacia Spring; the KEI-EV family of platforms (mini vehicles) for ultra-compact EVs, and the LCV-EV family of platforms for professional customers, as the basis for the Renault Kangoo and Nissan Townstar.

The group will use the CMF-EV, the global and flexible platform for electric vehicles such as the Nissan Ariya EV and the Renault Megane E-Tech Electric. This platform, with its technological innovations and the potential of its modularity, is a reference for
a new generation of electric vehicles for Alliance partners. The platform was created to integrate and optimize all elements of a 100% electric motorization, with a new powerful motor and an ultra-thin battery. By 2030, more than 15 models will be based on the CMF-EV platform and up to 1.5 million cars per year will be produced on this platform.

Finally, the CMF-BEV platform will be launched in 2024. It offers up to 400 km of autonomy, a cost reduction of 33% and an energy consumption of more than 10% compared to
with the current Renault ZOE. It will be the basis for 250,000 vehicles per year under the Renault, Alpine and Nissan brands. These vehicles include the Renault R5 and the new compact electric vehicle that will replace the Nissan Micra. Designed by Nissan and produced by Renault, the new model is scheduled to be built in Renault ElectriCity, the electric industrial center of northern France.

With regard to the charging service, Mobilize Power Solutions will provide customers with a comprehensive service that
includes project designinstallation, maintenance and management of an optimized charging infrastructure including all services related to business needs.

In this sense, the Alliance, through its service provider’s provider, Plug Surfing, has signed an agreement with Ionity to allow its customers to access
the super fast charging network of the consortium and in Europe at preferential prices.

Renault is not considering allowing Chinese automaker Geely to become a shareholder of Ampere, the French company’s electric vehicle and software subsidiary, Group CEO Luca de Meo has assured. “We didn’t create Ampere because of the rebalancing, we’ve been working on this project for a year and a half (…) We don’t need the money to create Ampere, most of it has been funded,” stressed the manager. In this line, the CEO of Renault has assured that they have asked Nissan about the possibility of
that Geely entered Ampere’s shareholding and has pointed out that the Japanese company said “it was not interested at the moment”.

“We have a very good relationship with Geely, it is a very good company, but we do not intend for Geely to get into Ampere,” says De Meo when asked about the possibility.

In this sense, the Renault Group signed a non-binding framework agreement with Geely last November to come about
a new company called Horse for the development, production and supply of highly energy-efficient hybrid and thermal propulsion systems in which each partner has a 50% interest.

Ultimately, smart mobility and connected mobility will become key areas for the Alliance. Through shared electronic platforms and devices, by 2026
more than 10 million of its vehiclesOf the 45 different models, they will be equipped with autonomous driving systems.

Source: La Verdad

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