Nissan: Renault-Nissan-Mitsubishi launches a try collateral account to deposit adult to $1 billion over 5 years

Posted on 10. Jan, 2018 by in Nissan Canada

  • New entity to act as categorical interface for start-ups, investors and a try collateral ecosystem
  • Fund prioritizes open creation in new mobility, including electrification, unconstrained systems, connectivity and synthetic intelligence
  • First understanding to be a vital investment in Ionic Materials, a US association building cobalt-free solid-state battery materials

Renault-Nissan-Mitsubishi, a world’s heading automotive alliance, currently announced a launch of Alliance Ventures, a new corporate try collateral account that skeleton to deposit adult to $1 billion to support open creation over a subsequent 5 years.

In a initial year, a account expects to deposit adult to $200 million in start-ups and open creation partnerships with record entrepreneurs focused on new mobility, including car electrification, unconstrained systems, connectivity and synthetic intelligence.

With serve annual investments, Alliance Ventures is set to turn a largest corporate try collateral account in a automotive attention over a duration of Alliance 2022, a vital midterm devise launched final year by Renault-Nissan-Mitsubishi.

Carlos Ghosn, authority and arch executive officer of Renault-Nissan-Mitsubishi, said: “Our open creation proceed will concede us to deposit and combine with start-up companies and record entrepreneurs, who will advantage from a tellurian scale of a Alliance. This new account reflects a collaborative suggestion and entrepreneurial mind-set during a heart of a Alliance.

The new account is singular since it offers intensity partners entrance to a tellurian scale and operation of Renault-Nissan-Mitsubishi, that sole some-more than 10 million vehicles in 2017 by 10 apart brands with a participation in all vital automotive markets.

Alliance Ventures will deposit in start-ups to move new technologies and businesses to a Alliance while ensuring a satisfactory financial return. The account will make vital investments during all start-up stages and will breed both new automotive entrepreneurs and forge new partnerships.

The initial understanding by Alliance Ventures will be a vital investment in Ionic Materials, a earnest US-based association that is building solid-state cobalt-free battery materials. The equity merger coincides with a execution of a joint-development agreement with a Alliance for a purpose of RD cooperation. Ionic, formed in Massachusetts, is a developer of a pioneering plain polymer electrolyte that enables softened opening and cost efficacy of high-energy firmness batteries for automotive and mixed other applications.

By creation such investments, Alliance Ventures will assistance brand and support a growth of new technologies for intensity use by Alliance members. Such initiatives are aligned with a objectives of Alliance 2022, that aims to strengthen team-work and to double a annualized synergies generated by Renault, Nissan and Mitsubishi Motors to some-more than €10 billion by a finish of 2022.

The $200 million initial try collateral investment comes in further to some-more than €8.5 billion in sum annual investigate and growth investments by a Alliance members.

Alliance Ventures will be led by François Dossa, who has over 20 years of knowledge in investment banking, and 6 years of knowledge within a Alliance, many recently, as arch executive officer of Nissan Brazil. The Alliance Ventures group will also pull on a imagination and business opportunities identified by a Cross-Functional Team of experts from Renault, Nissan, and Mitsubishi.

This beginning complements a Alliance devise to find incremental revenues, cost assets and cost-avoidance in areas including electrification, unconstrained expostulate systems and car connectivity. The Alliance will launch 12 pristine electric models by a finish of a plan, utilizing common EV platforms and components, while also bringing to marketplace 40 vehicles with unconstrained expostulate record and building robo-vehicle ride-hailing services.

Alliance Ventures will conclude creation areas and geographic markets for investment, operative with existent investigate and modernized engineering teams, and will partisan try collateral experts to rise a platform. It is approaching to be co-located in Silicon Valley, Paris, Yokohama and Beijing, tighten to a record and investigate centers of a Alliance member companies, as good as to areas with clever creation ecosystems.

Renault (40%), Nissan (40%) and Mitsubishi Motors (20%) will jointly account a entity, that will have a dedicated investment cabinet to make investment decisions and guard their performance.

This investment beginning is designed to attract a world’s many earnest automotive-technology start-ups to a Alliance,” pronounced Carlos Ghosn.

As partial of a Alliance 2022 vital plan, Renault-Nissan-Mitsubishi is forecasting that a total revenues of a member companies will strech $240 billion and that annual section sales will surpass 14 million by a finish of 2022.

Link to François Dossa’s bio:

For some-more information about Alliance Ventures and to contention investment proposals, greatfully navigate to


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About Renault-Nissan-Mitsubishi
Groupe Renault, Nissan Motor Company and Mitsubishi Motors paint a world’s largest automotive alliance. It is a longest-lasting and many prolific cross-cultural partnership in a automobile industry. Together, a partners sole tighten to 10 million vehicles in scarcely 200 countries in 2016. The member companies are focused on partnership and maximizing synergies to boost competitiveness. They have vital collaborations with other automotive groups, including Germany’s Daimler and China’s Dongfeng. This vital fondness is a attention personality in zero-emission vehicles and is building a latest modernized technologies, with skeleton to offer unconstrained drive, connectivity facilities and services on a far-reaching operation of affordable vehicles.



Nick Twork
Technology Innovation Communications
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External Communications
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