Renault and Nissan, the French and Japanese automotive alliance partners, established a new research and development joint venture in Shanghai, China.
The Alliance Automotive Research and Development (Shanghai), Ltd., will be referred to as Alliance Innovation Lab Shanghai (AIL-SH). Renault and Nissan each hold 50% of this new entity which will conduct research and development focusing on autonomous drive, connected vehicles and electric vehicles.
Technologies pioneered by the innovation hub will be potentially applied to Renault and Nissan vehicles sold in China and around the world.
From a strategic point of view, it is vital that the Alliance has a development hub in this thriving market, where the Alliance sold more vehicles than anywhere else in 2018.
Under the Alliance 2022 mid-term plan, 12 new zero-emission electric vehicles are due to be launched by 2022, and 40 vehicles are to be introduced with different levels of autonomy and over 90% of vehicles will be connected cars globally. The plan also includes a commitment to operating robo-vehicle ride-hailing mobility services.
Source: Press Release