Renault, Nissan said to triple investment in EVs
Renault and its alliance partners Nissan and Mitsubishi are expected to announce a $23 billion plan to develop EVs through 2030, including more than 30 new models.
The Nissan Ariya, a compact full-electric crossover, will launch this year on the Renault-Nissan Alliance’s CMF-EV platform. The automakers are expected to also announce a full-electric platform for small cars.
The Renault 5 (shown in concept form), due by 2024, is one of several affordable small EVs planned by the automaker. It could be joined by a new version of the Nissan Micra on the same platform.
Renault has said its Renault brand will be 100 percent electric in Europe by 2030, but company officials told Reuters the target does not apply to markets outside Europe and the group’s other brands, such as Dacia.