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22 09 2017 01

The Alliance of Renault, Nissan and Mitsubishi announced their six-year plan—Alliance 2022—which sets a new target to double annual synergies to €10 billion by the end of the plan. To achieve this, said Carlos Ghosn, chairman and chief executive officer of the Alliance, the three automakers will accelerate their collaboration on common platforms, powertrains and next-generation electric, autonomous and connected technologies.

The Alliance is forecasting total annual sales to exceed 14 million units with $240 billion in revenue by the end of the plan—up more than 30% on the $180 billion aggregate revenues achieved in 2016. Under Alliance 2022, the member companies will increase their use of common platforms, with nine million units based on four common platforms. The plan will also extend the use of common powertrains to 75% of total sales. Alliance 2022 plans a major expansion in shared electric vehicle technologies, alongside the development and deployment of advanced autonomous drive systems, vehicle connectivity and new mobility services.

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Tags: Mobility

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