Renault, Nissan, Mitsubishi to triple their EV investments, aim to line up 30 new EVs by 2030

Corporate developments

The Alliance plans to invest USD23 billion over the next five years on EV development, claims Reuters report

Renault SA, Nissan Motor Company and Mitsubishi Motors Corporation plan to triple their investment to jointly develop electric vehicles (EVs), a report filed by news agency Reuters on 23 January 2022, citing two people aware of the French-Japanese alliance’s EV plans.

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