UK’s Faraday Institution awarding $58M to four battery research consortia to accelerate EV adoption
Ionic Materials raises $65M in Series C; polymer electrolyte for solid-state batteries

Renault-Nissan-Mitsubishi and Didi Chuxing to explore EV-sharing partnership in China

Renault-Nissan-Mitsubishi has signed a memorandum of understanding with DiDi Chuxing, the leading Chinese mobile transportation platform, to explore future business cooperation on a new electric vehicle car-sharing program in the People’s Republic of China.

The memorandum of understanding signed with DiDi underlines the commitment to new mobility services at the Alliance, including the launch of robo-vehicle ride-hailing services, as part of the Alliance 2022 strategic midterm plan launched last year by Renault-Nissan-Mitsubishi.

The potential business and technology opportunities that we will explore with DiDi are quite promising. This cooperation fits with the Alliance expansion in vehicle electrification, autonomy, connectivity and new mobility services.

—Ogi Redzic, senior vice president of Connected Vehicles and Mobility Services for Renault-Nissan-Mitsubishi

As the world’s largest automotive group in unit sales, the Alliance is accelerating convergence and synergy initiatives in a range of new automotive technologies. By the end of its strategic plan, the Alliance will launch 12 pure electric models worldwide, utilizing common EV platforms and components, while also bringing to market 40 vehicles worldwide with autonomous drive technology and developing robo-vehicle ride-hailing services.

Under the Alliance 2022 strategic plan, Renault-Nissan-Mitsubishi is forecasting that the combined revenues of its member companies will reach $240 billion and that annual unit sales will exceed 14 million by the end of 2022, compared with 10.6 million units sold by its member companies in 2017.

Comments

Verify your Comment

Previewing your Comment

This is only a preview. Your comment has not yet been posted.

Working...
Your comment could not be posted. Error type:
Your comment has been posted. Post another comment

The letters and numbers you entered did not match the image. Please try again.

As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.

Having trouble reading this image? View an alternate.

Working...

Post a comment

Your Information

(Name is required. Email address will not be displayed with the comment.)