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Renault, Nissan, Mitsubishi alliance plans to take over the EV market by 2030
The Renault-Nissan-Mitsubishi Alliance is a global leader in EVs, the sales group collectively sold more than 236 000 BEVs in 2021 as per GlobalData (which is 5% of global BEV sales in the year). The group leads the compact BEV space with its Nissan Leaf and Renault Zoe.
The French-Japanese automakers are planning to deepen their cooperation. The parties will spend 23bn Euros in the next five years on electrification, leading to 35 new EV models by 2030. That’s on top of 10bn Euros invested so far.
The automakers are expected to share platforms, electronics and solid-state lithium-ion battery technology, which has been developed by Nissan. Renault has said its Renault brand will be 100% electric in Europe by 2030, however that would not be the case in other markets.
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