According to a report from Japan’s Kyodo News, Renault SA, Nissan Motor Co and Mitsubishi Motors Corp have agreed to form a new company focused on research and development of advanced automotive technologies. The trio’s new alliance will announce concrete plans in January 2020, reported Kyodo citing sources familiar with the matter. This new strategic…
This will be the first meeting the two and is likely to be significant. As per a report from NHK, Nissan Motor Co Ltd’s CEO Hiroto Saikawa is aiming to hold his first face-to-face discussion with Renault SA’s new Chairman Jean-Dominique Senard on Thursday. The meeting will be held on the sidelines of an alliance…
Analysts at IHS Markit see global autonomous vehicle sale touching 33 million units ub 2040, while Goldman Sachs has predicted that the ride-hailing market will grow 800% by 2030 and be five times the size of the current taxi market. In a strategic development, Nissan Motor Co has taken the first steps towards becoming an…
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