Nissan-Renault to launch new company for next-gen tech

Alliance leaders aim to fix strained ties with forward-looking initiative

Companies in the Nissan-Renault-Mitsubishi alliance still hold concerns about sharing advanced technology. (Photo by Anthony Bernier, courtesy of Renault)

TOGO SHIRAISHI and HIROYUKI KOIZUMI, Nikkei staff writers

December 1, 2019 05:02 JST

PARIS/TOKYO -- The automaker alliance of Nissan Motor, Renault and Mitsubishi Motors are in talks to set up a new company to jointly develop technologies for next-generation vehicles, such as artificial intelligence and electric propulsion, Nikkei has learned.

By bringing together the technologies and human resources of the trio, the venture will aim for more efficient vehicle development, which requires huge research costs.