Nissan and Renault have patched up their differences and agreed to make more electric cars together in the future.
Nissan and Renault have settled their differences, so they say, and are focused on the electric car future.Nissan and Renault have announced a new initiative to build electric cars together after years of simmering discord between the two companies. Having your business partner arrested is not usually a hopeful sign for the future of your enterprise. In theory, Nissan and Renault were partners in a business popularly known as the Alliance.
This week, officials from all three companies held a joint presentation to announce they have kissed and made up. Going forward, they said they were gearing up to bring 35 new electric car models to market by 2030 as part of a $26 billion dollar investment plan. According to the, the companies also said they were aiming for significant savings in overall production costs by increasing the number of components their various cars have in common, and to cut battery costs 65% by 2028.
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