Following the establishment of the enlarged Renault-Nissan-Mitsubishi Alliance, a 6-year plan to 2022 has been formulated which aims to double annual synergies to 10 billion euros by the end of the plan in 2022. To achieve this target, Renault, Nissan and Mitsubishi Motors will accelerate collaboration on common platforms, powertrains and next-generation electric, autonomous and connected technologies. Additionally, synergies will be enhanced by growing scale and the total annual sales volume is forecast to exceed 14 million units.
Under Alliance 2022, the member companies will increase their use of common platforms, with up to 9 million units based on four common platforms. This will be a substantial increase from the 2 million vehicles riding on two platforms in 2016.
The plan will also extend the use of common powertrains to 7%. By the end of the plan, the member companies will share 22 engines out of a total of 31, compared with 14 engines out of a combined total of 38 in 2016.
Shared electric vehicle technologies will also be more significant, alongside the development and deployment of advanced autonomous drive systems, vehicle connectivity and new mobility services. The common platform strategy – based on the CMF architecture – will be extended to a new common EV platform with advanced autonomous drive capability and to a new B-segment common platform for mid-sized vehicles. Mitsubishi Motors will gain access to the CMF architecture (below) and utilize common powertrains by 2020.
12 new zero-emission electric vehicles will be launched by 2022, utilizing new common electric vehicle platforms and components for multiple segments. Over the same period, 40 vehicles will be introduced with different levels of autonomy, all the way to fully autonomous capability. Becoming an operator of ‘robo-vehicle’ ride-hailing services is a major part of the new mobility services strategy.
The Alliance EV models are expected to be able to travel more than 600 kms on a single charge by 2022, while battery cost is projected to decrease by 30% from 2016 to 2022. Charging times, a discouraging factor at the moment, is expected to be down to 15 minutes to deliver a range of 230 kms by 2022, up from 90 kms in 2016.
Additional synergies are expected from light commercial vehicles, aftersales and technology-sharing in electric vehicles, autonomous drive, connected cars and new mobility services. This will complement synergies from existing converged functions in engineering, manufacturing engineering and supply-chain, purchasing and human resources.
“This plan will boost the growth and profitability of our member companies. We intend to deliver on growing synergies, with three autonomous companies cooperating with the efficiency of one. The Alliance has grown and performed with two members since 1999. With Alliance 2022, we will prove that we will grow and perform with three companies or more,” said Carlos Ghosn, Chairman & CEO of the Alliance.
This year, Renault, Nissan and Mitsubishi Motors became the world’s largest automotive group by sales volume. In the first half of 2017, total volumes increased by 7% year-on-year to 5.27 million units, whilst aggregate sales of electric vehicles reached a combined total of more than 500,000 units.