TOKYO -- Renault, Nissan Motor and Mitsubishi Motors will jointly develop a shared platform for electric vehicles by 2020 in a cost-cutting move designed to boost the Franco-Japanese alliance's competitiveness in an increasingly crowded field.
The platform will serve as the basis for a number of midsize models, a category that includes the Nissan Qashqai sports utility vehicle. The plan is to manufacture around 2 million electric vehicles using the platform -- mainly SUVs -- over five years starting in 2020.
