Renault-Nissan to launch 12 zero-emission models

Renault Nissan and Mitsubishi have unveiled plans to work together on electric and self-driving cars

The alliance of Renault, Nissan and Mitsubishi has announced ambitious plans to produce a range of new electric, autonomous and robotic vehicles using shared platforms.

And on Friday, Carlos Ghosn, who serves as chairman and CEO, laid out the new strategy "Alliance 2022" which is to guide this behemoth over the next six years. The first-generation Nissan Leaf remains the world's highest-production electric auto today.

Point one involves developing four common platforms that would together underpin nine million cars, making up for 75% of the alliance's total sales.

A new platform will provide the underpinnings for a future generation of electric cars.

A total of 12 new zero-emission electric vehicles will be launched by 2022 using new common electric vehicle platforms and components for multiple segments. Mitsubishi will gain access CMF architecture and use common powertrains by 2020.

Under Alliance 2022, the member companies will increase their use of common platforms, with 9 million units based on four common platforms.

Ghosn has pledged to step up the pace of integration since Nissan took a controlling stake in Mitsubishi a year ago. This compares with last year's two common platforms that were used for 2 million cars.

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The group believes that this will double synergies between the companies to €10 billion on an annual basis by 2022. We intend to deliver on growing synergies, with three autonomous companies cooperating with the efficiency of one.

The alliance forecasts unit sales of 14 million and combined revenues of $240 billion, up more than 30 percent on the $180 billion aggregate revenues achieved in 2016.

Other elements of the latest six-year plan, titled "Alliance 2022", include production of more than 9 million vehicles on shared architectures.

By 2020, the alliance plans to expand that sort of assisted-driving technology to urban environments while allowing highly autonomous driving with minimal human intervention.

While Renault's rescue of struggling Nissan made headlines in 1999, the Japanese company is now widely acknowledged to be the stronger partner-and it has been the global leader in mass-market electric cars since 2011.

Convergence efforts will continue with no radical change to management structures, Ghosn said, suggesting that he had no immediate plans to stand aside. Asked about his own role in implementation of this plan, Mr. Ghosn, 63-year-old, said he had " intention to execute plan as this will have [it] makes sense", without more details.

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