Recently joined by Mitsubishi, alliance franco-japanese company also wants to double its " synergies", that is to say, savings arising from sharing of common functions between companies, 10 billion euros in six years, said Mr. Ghosn, during a press conference in Paris. "To achieve this target, on one side Renault, Nissan and Mitsubishi Motors will accelerate collaboration on common platforms, powertrains and next-generation electric, autonomous and connected technologies", he said. Under existing plans, the alliance is seeking to increase synergies - from cost cuts or avoided and revenue enhancements - to 5.5 billion euros next year from 5 billion recorded in 2016. Around 75 percent of total sales from the group would come via the common platforms, and by 2022, it aims to generate $240 billion in revenues.
The alliance plans to build more than 9 million vehicles on four common platforms by 2022, up from 2 million vehicles on two platforms in 2016. Mitsubishi will gain access CMF architecture and use common powertrains by 2020.
Among the most significant: The group said it will launch 12 separate battery-electric vehicles globally by 2022.
The group's plan also includes introducing 40 vehicles with varying levels of autonomy.
"We intend to deliver on growing synergies, with three autonomous companies cooperating with the efficiency of one", Ghosn said in a statement.
After completing its global Power 88 business plan, the Nissan-Renault-Mitsubishi Alliance just revealed its next strategic step for worldwide automotive success. "With Alliance 2022, we will prove that we will grow and perform with three companies or more".
Distributed by APO on behalf of Groupe Renault. Renault, Nissan and Mitsubishi have sold almost 10 million vehicles in 2016, and Mr. Ghosn has estimated that se sales would be approximately 10.5 million units this year. It is the longest-lasting and most productive cross-cultural partnership in the auto industry. However, it did specify that it will launch four shared platforms with the aim of producing over 9 million vehicles on them.