Published: Sat, September 16, 2017
Markets | By Noel Gibbs

Renault-Nissan to launch 12 zero-emission models

Renault-Nissan to launch 12 zero-emission models

The alliance aims to build around nine million vehicles on four common platforms in 2022 and expects to "extend the use of common powertrains to 75 percent of total sales".

Echoing plans from manufacturers like VW who plan to use the same platform across multiple brands and nameplates, the Alliance said a new platform will provide the underpinnings for an entire future generation of electric cars.

Following Renault-Nissan's Fall 2016 acquisition of Mitsubishi, Carlos Ghosn, CEO of Renault-Nissan CEO and chairman of Mitsubishi, announced the company's Alliance 2022 plan in Paris on Friday.

Over the same period, 40 vehicles will be introduced with different levels of autonomy, all the way to fully autonomous capability, it said.

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"This plan will boost the growth and profitability of our member companies".

They operate as three separate, cooperating companies with a layer of common management, headed by Carlos Ghosn.

This year, Renault, Nissan and Mitsubishi Motors became the world's largest automotive group by sales volume.

The announcements are part of an overall strategic plan released Friday for the next five years, its first such plan since it took over Mitsubishi last year. This will pave the way for a long-range electric vehicle which can travel more than 600 km (372 miles). It aims to exceed combined sales of 14 million units, up almost 40 percent by the end of the plan. Those include a doubling of synergies to 10 billion euros from 5 billion euros, and total revenues of $240 billion from $180 billion in 2016.

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The increased synergy target of €10 billion by the end of the plan follows a 16 per cent rise in synergies in 2016 to €5 billion. Some will be fully autonomous and Ghosn says becoming an "operator of robo-vehicle ride-hailing services is a major part of the new mobility services strategy". This will complement synergies from existing converged functions in engineering; manufacturing engineering and supply-chain; purchasing and human resources.

Equally important, those 12 vehicles will "utilize common platforms and components" across all three brands, meaning significant economies of scale. This compares with last year's two common platforms that were used for 2 million cars.

"We are assuming that most of the mature markets will be stable", he said about the United States, Europe and Japan.

Mostly cloudy with a few showers
Sunday , there will be a 50 percent chance of showers and storms before 1 p.m., with a high near 82, the weather service said. Shower and storms chances increase Saturday afternoon as weak high pressure moves out of the area.

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