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Posts Tagged ‘Renault-Nissan Alliance 2022’

List Grows as More Automakers Plan to Go Electric

Renault wants hybrids, EVs to generate half its sales by 2022.

by on Oct.06, 2017

Renault now plans to have electric vehicles comprise 50% of its sales by 2022.

French automaker Renault, a pioneer in the drive to electrify, now wants hybrids, plug-ins and pure battery-electric vehicles to account for half of its global sales by 2022.

The carmaker is echoing the strategy of its Japanese alliance partner Nissan, which also sees a future increasingly dependent upon electric propulsion systems like the one used in its Leaf model, the world’s best-selling all-electric automobile. More broadly, some of the industry’s largest manufacturers, including General Motors and Volkswagen, as well as smaller and niche players such as Volvo, Mercedes-Benz and even Aston Martin, have in recent weeks announced similar plans to shift to electric propulsion.

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“We are confident we can turn upcoming … challenges into significant business opportunities,” said Carlos Ghosn, CEO of Renault, who also serves as chief executive of the Renault-Nissan Alliance. (more…)

Renault-Nissan Come Even Closer as They Double Down Bet on Battery Power

Alliance targets annual sales of 14 mil vehicles, revenues of $240 bil.

by on Sep.15, 2017

Renault-Nissan CEO Carlos Ghosn said the Alliance expects to sell 14 million vehicles annually by 2022.

Renault and Nissan plan to double their savings by drawing even closer as part of what often is held up as the world’s most successful automotive alliance.

Together, the Renault-Nissan Alliance, which also includes Japan’s Mitsubishi Motors, has sold more vehicles than any other company in the world so far this year, leap-frogging competitors Volkswagen and Toyota. Now, as part of the new Alliance 2022 strategy, the goal is to boost global sales nearly 40%, to 14 million a year by 2022, Renault-Nissan Alliance CEO Carlos Ghosn said Friday. The partners also announced their goal of having electrified vehicles represent 30% of its global total.

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“This plan will boost the growth and profitability of our member companies,” said Ghosn. “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.” (more…)