Monday 19 August 2019

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Renault, Nissan establish new R&D hub in China

SHANGHAI, April 16, 2019

Renault and Nissan, the French and Japanese automotive alliance partners, have announced the establishment of a new research and development joint venture in Shanghai, China.

The new venture will be referred to as Alliance Innovation Lab Shanghai (AIL-SH), said a statement.

Renault and Nissan each hold 50 per cent 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.

Takao Asami, Alliance senior vice president, research and advanced engineering, said: “China is not only the world’s largest auto market but is also at the leading edge of new technologies that will change the face of future mobility.”

“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. The knowledge and skills obtained here will be leveraged not just inside China but globally, helping to contribute to the demanding objectives of our Alliance 2022 mid-term plan,” Asami added.
Kenju Kobayashi, the Alliance global director responsible for the AIL-SH, said: “Shanghai is a leading hub for innovation in China for automotive related technologies and across a range of industries.”

“By bringing together the talents of the Alliance with the range of expertise found in Shanghai and across China, we will be able to aggressively pursue open innovation that transcends industry boundaries and rapidly develop technologies driving the business growth of Alliance members,” Kobayashi added.

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 per cent of vehicles will be connected cars globally. The plan also includes a commitment to operating robo-vehicle ride-hailing mobility services, it stated.

Alliance Ventures is the strategic venture capital fund of Renault-Nissan-Mitsubishi, the world’s largest automotive alliance. The fund, launched in 2018 and co-located in Amsterdam, Silicon-Valley, Paris, Yokohama, Beijing and Tel Aviv, plans to invest up to $1 billion in its first five years to support open innovation. – TradeArabia News Service


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