Renault-Nissan-Mitsubishi will invest another 20 billion in e-mobility

The French-Japanese Renault-Nissan-Mitsubishi conglomerate has announced a digital conference for investors on Thursday, where, according to Reuters news agency citing insiders, they plan to unveil an investment plan exceeding 20 billion euros in electromobility. Over the next five years, the funds for the three brands are to be massively expanded. By 2030, they aim to bring over 30 battery-electric vehicles to the market, based on five platforms. These platforms are intended to cover 90 percent of all E-models that will come to market by that time. The funds will be provided in addition to the already invested 20 billion euros.

The significant announcement is also indicated by the prominent line-up of speakers at the conference: In addition to Jean-Dominique Senard, Chairman of the Renault-Nissan-Mitsubishi Alliance, Veronique Sarlat-Depotte: General Secretary of the Alliance, Luca de Meo: CEO of the Renault Group and Makoto Uchida: President and CEO of the Nissan Motor Corporation will also speak. Additionally, Ashwani Gupta, COO of the Nissan Motor Corporation, and Takao Kato, President and CEO of Mitsubishi Motors, will be present.