TOKYO -- The automotive alliance formed by Nissan Motor, Renault and Mitsubishi Motors will invest a combined 3 trillion yen ($26.3 billion) through fiscal 2026 mainly into developing electric vehicles and new solid-state batteries that are expected to triple driving ranges.
Automobiles
Nissan-Renault to spend $26bn on EVs, solid-state batteries
Automakers will adopt uniform semiconductor designs to counter global chip crunch