The Renault-Nissan-Mitsubishi alliance is the longest-lasting and most productive cross-cultural partnership in the auto industry. The goal of the Alliance is to turbocharge its member companies’ growth and performance.
In 2018, the Alliance sold more than 10.76 million vehicles, maintaining its position as the world’s largest automotive group in terms of passenger car and light commercial vehicle (LCV) sales.
The Alliance member companies offer vehicles under 10 brands: Nissan, Infiniti, Datsun, Venucia, Renault, Renault Samsung, Mitsubishi, Dacia, Lada and Alpine.
Alliance Operating Board
On March 12, 2019, Jean-Dominique Senard, Chairman of Renault, Hiroto Saikawa, CEO of Nissan at the time, Thierry Bollore, CEO of Renault, and Osamu Masuko, CEO of Mitsubishi Motors at the time, signed a letter of intent committing to a “fresh start” for the Alliance including the creation of an Alliance operating board. The new Alliance Board will be the sole body overseeing the operations and governance of the Alliance, undertaking projects to drive incremental value for the three member companies.
The Renault-Nissan-Mitsubishi alliance is working to build the vehicle of the future: electric, autonomous and connected. The Alliance is the undisputed leader in zero-emission mobility, with more than 725,000 electric vehicles sold globally since its first EV, the Nissan LEAF, went on sale in December 2010. The Nissan LEAF remains the world’s best-selling EV and Renault ZOE the leading EV in Europe.
In March 2018, the Alliance announced the creation of a Business Development function under the leadership of Hadi Zablit, focused on future activities and breakthrough innovation. This includes development of the Common Module Family A-segment platform, outside partnerships, connected vehicles and mobility services, as well as Alliance Ventures.
Announced in January 2018, Alliance Ventures is a new corporate venture capital fund that plans to invest up to $1 billion to support open innovation over five years. The fund prioritizes open innovation in new mobility, including electrification, autonomous systems, connectivity and artificial intelligence. It is the largest corporate venture capital fund in the automotive industry.
World Business Council for Sustainable Development Membership
The Alliance is a member of the World Business Council for Sustainable Development (WBCSD). The WBCSD is an international association of forward-thinking companies that galvanizes the global business community to create a sustainable future for business, society and the environment.