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Renault-Nissan-Mitsubishi Alliance Electrification Strategy is released, with an investment of 23 billion euros over the next five years

author:Finance

The Renault-Nissan-Mitsubishi Alliance announced that it has developed a 2030 joint development roadmap for all-electric models and smart and connected mobility businesses. The alliance will invest 23 billion euros over the next five years to launch 35 new all-electric models by 2030.

Alliance members have developed a "smart differentiation" methodology that clarifies the level of versatility of each model, integrates composable parameters such as platform, production plant, powertrain or vehicle segmentation, and complements and reinforces model differentiation through more rigorous design and upper body differentiation. For example, the C/D platform will be responsible for the production of five models from the alliance's three brands (Nissan Qashqai and X-Trail, Mitsubishi Outlander, Renault Austral and an upcoming seven-seater SUV).

Jean-Dominique Senard, Chairman of the Alliance, said: "The Renault-Nissan-Mitsubishi Alliance has established a mature and unique strategic operational partnership in the automotive industry. The three companies have developed a common roadmap for 2030, co-investing in future electrification and interconnection projects. This is an investment that no one can accomplish alone. Together, alliance members will make changes for a new global sustainability that will be carbon neutral by 2050. ”

23 billion euros invested in electrification

According to the alliance plan, the next three brands will integrate the production platform, and the final future launch of new cars will be based on five platforms, including CMF-A EV platform, KEI-EV (mini car) platform, LCV-EV platform, CMF-EV platform and CMF-BEV platform. By 2026, the use of the common platform among the alliance members will increase from the current 60% to more than 80%, covering 90 models.

By 2030, more than 15 models will be based on the CMF-EV platform, where up to 1.5 million cars will be produced annually. In addition, the Renault Mega E-Tech Electric, born on the platform, is on the road.

The most competitive electric platform, the CMF-B EV, will be launched in 2024, and the products born from its platform will have a range of more than 400 kilometers and will also have excellent aerodynamics. Compared with the current Renault ZOE, the cost is reduced by 33% and the power consumption is reduced by more than 10%. The platform will produce 250,000 Renault, Alpine and Nissan brand vehicles per year, including the Renault R5 and Nissan's new compact electric vehicles.

The alliance plans to accelerate its development by investing 23 billion euros in electrification over the next five years. At the same time, it plans to launch 35 new pure electric models by 2030.

In 2030, the production capacity of power batteries will reach 220GWh

In terms of power battery planning, the alliance plans to reduce battery costs by 50% in 2026 and 65% by 2028. In this way, the alliance will achieve its 2030 production target, which is to have a total of 220 GWh of electric vehicle battery production capacity at major production sites around the world.

At the same time, the Alliance has given full confidence in Solid-State Battery Technology (ASSB). Compared to current liquid lithium-ion batteries, ASSBs will have twice the energy density of the former, and the charging time will also be significantly reduced by one-third. The alliance aims to mass-produce all-solid-state battery technology (ASSB) by mid-2028 and to further reduce costs to $65 per kWh in the future.

Intelligent, mobile travel power

In the process of automobile industry development, the alliance will also focus on vehicle intelligence and mobility.

By 2025, the alliance will launch the first fully software-defined car, improving the car's over-the-air download (OTA) performance throughout its product lifecycle. This means that customers are able to integrate cars into the digital ecosystem for personalized experiences and new enhanced services, as well as reduced maintenance costs. This will also encourage alliance members to increase the resale value of vehicles. In addition, the ability of software-defined cars to communicate with connected objects, users, and infrastructure opens up new areas of value for alliances.

This article originated from Blue Whale Finance