Renault-Nissan promises 12 new electric vehicles by 2022
The Renault-Nissan alliance is sharply ramping up production of electric cars, promising 12 new models by 2022 and vowing to make electric cars 30% of its overall output
Paris: The Renault-Nissan alliance is sharply ramping up production of electric cars, promising 12 new models by 2022 and vowing to make electric cars 30% of its overall output.
The car makers—who collectively sold more vehicles than any other company in the world in the first half of this year—also announced plans to make a “robo taxi”, driverless public transport vehicles and autonomous cars aimed at the mass market.
The announcements are part of an overall strategic plan released Friday, aimed at taking advantage of the alliance’s growing reach after taking over Mitsubishi last year to consolidate its position and make electric and driverless cars more affordable. They also unveiled a new logo for the three-way alliance.
The alliance aims to increase the range of its electric cars to more than 600km and speed up the time it takes to charge. It wants 15 minutes of charging time to allow 230km of range, up from 90km of range now.
The alliance announced that through 2022, it will expand development of vehicles with different levels of autonomous technology, starting with partial human monitoring and ending with a fully driverless car that can ride on highways.
It also said it is seeking to be a “key operator” of driverless ride-hailing services and to provide autonomous vehicles for public transit and car-sharing. It did not provide specific targets or potential partners.
CEO Carlos Ghosn also said the alliance is aiming to save €10 billion annually by 2022, notably by sharing more production platforms, purchasing and engineering, and through job cuts. He didn’t elaborate.
He said the car makers aim to boost annual sales to $240 billion and to sell 14 million cars a year by 2022, up from 10 million car sales in 2016.
Editor's Picks »
- With fall of the last dove, MPC minutes portend more than one RBI rate hike
- RITES IPO ticks the valuations box, but not the growth one
- Is Reliance Jio really India’s most profitable telecom firm?
- How US-China trade war will affect India
- Dear ICICI Bank board, giving a red card to Chanda Kochhar is not enough