Renault-Nissan Alliance Collaborates with Mitsubishi

Renault-Nissan alliance borne impressive fruits throughout the term here in India. But now after the launch of Nissan Terrano, this alliance was meant to dissolve completely. And truly that may have happened so in the backend of organizations. But below mentioned news is not of India-based exactly. To the information, the Mitsubishi Motors Corporation and Renault-Nissan Alliance have recently collaborated to venture into the automobile market with new projects in line, majorly laying emphasis on “electric cars”.

Hence, as per the venture, the trios will be able to share technologies and production workforce.

Mitsubishi and Nissan allied together in June 2011 under the tag ‘NMKV’ to co-produce a small vehicle ‘Kei cars’ in Japan. Nissan Dayz and Mitsubishi eK wagon were the first models to roll out from the Mitsubishi Mizushima plant in the market under the said alliance. Now, both the organizations decided to produce an all-new electric vehicle under the tag of NMKV. Though, the duos didn’t have any frugal experience in producing electric vehicles, so for which they then decided to roll in the Renault in the alliance who has produced vehicles like Twizy and such for the markets. Commenting on this collaboration, Renault-Nissan Alliance said in a statement, “As a consequence, it has been agreed that the strategic cooperation between Nissan and Mitsubishi Motors could be expanded across the broader Renault-Nissan Alliance.”

Renault-Nissan Alliance Collaborates with Mitsubishi

It further continued that, “Between Nissan and Mitsubishi Motors, it is expected that the existing NMKV joint-venture company will be extended to co-develop a new small-segment car including a specific electric version that can be sold on a global basis. The basis for this product will be from a jointly developed ‘Kei car’ platform of the type popular in the Japanese domestic market. Further details of all products, markets and manufacturing will be announced separately.”

Carlos Ghosn, the Chief Executive Officer and President of Renault-Nissan Alliance, too was delighted to join the Japanese manufacturers, as he said the collaboration have benefited both the companies some monetary gains. Impeccable to hide its excitement, Ghosn said, “I welcome the direction being taken towards this broader cooperation, creating new opportunities for Renault in addition to further leveraging the productive relationship between Nissan and Mitsubishi Motors.”

Learning more details about the statement rolled-out by Renault-Nissan Alliance, the firm said it would launch two all-new sedan models which will be based on the Renault’s existing vehicles. The first sedan of the two would be manufactured at Renault-Samsung plant, South Korea and would compete D-segment competitor in the US and Canada market. Meanwhile, the second one is said to be of the C-segment cadre, which is learnt to make debut globally. However, the location of its manufacturing is still under discussion.

Divulging lights on the venture, Osamu Masuko, the President of Mitsubishi Motors Corporation said, “The new opportunities could be described as evidence that the ongoing collaborative projects between Mitsubishi Motors and Nissan have brought positive results, and Mitsubishi Motors hopes that any new collaborative projects with the Renault-Nissan Alliance would bring us further merits.”

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