Renault and Nissan will work more closely together to make electric cars, setting out plans to invest $26 billion over the next five years
"We are not a second division player when we come together," Renault CEO Luca de Meo said during the presentation.To power the new EVs, the partners said they planned to secure 220 gigawatt hours of battery production capacity by 2030, providing greater scale that would allow them to halve battery costs by 2026 and reduce them by 65% by 2028. They did not give details on how the capacity would be secured.
Nissan said on Thursday it planned to replace its Micra car in Europe with a new EV using one of the common platforms.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Renault Nissan Mitsubishi Alliance confirms plans to build 35 new EVs by 2030 | EngadgetThe Renault Nissan Mitsubishi Alliance has announced plans to spend $25.8 billion (€23 billion) with the aim of having 35 EVs by 2030..
Read more »
Renault Nissan Mitsubishi Alliance plans 35 EVs, solid-state batteries by 2030The Renault Nissan Mitsubishi Alliance will spend more than $25B to develop dozens of new EVs.
Read more »
2022 Nissan Frontier PRO-4X review | Car Reviews | Auto123Auto123 reviews the Nissan Frontier 2022, an 'old school' mid-size pickup that clearly benefits from the significant and successful update it’s been given.
Read more »
Essai du Nissan Frontier PRO-4X 2022 | Essais routiers | Auto123Auto123 met à l’essai le Nissan Frontier 2022, camion intermédiaire de la « vieille école » qui jouit d’une mise à jour importante, bien méritée et réussie
Read more »
Nissan confirms new electric supermini for EuropeCMF-B platform is to spawn a successor to the Nissan Micra
Read more »
Nissan confirms all-electric Micra successor for Europe | AutocarThis is our best look yet at the reborn, all-electric NissanUK Micra. What do you think?
Read more »