It couldn’t get bigger than this. Three major industry giants- Renault, Nissan and Mitsubishi have agreed to form a consortium in the quest towards the autonomous future. The big three unveiled its plans to build electric and self driving cars together. According to the announcements made recently, the automakers plan to release their first fully autonomous car, in about five years.
The current short term plans includes, “a highly autonomous drive vehicle for use on highways.” By 2020, the alliance plans to expand that sort of assisted-driving technology to urban environments while allowing highly autonomous driving with minimal human intervention.
The automakers also unveiled a logo to represent the Renault-Nissan-Mitsubishi Alliance. Mitsubishi joined what had been the Renault Nissan Alliance beginning last year, when Nissan took effective control of Mitsubishi. The organizations operate as three separate, cooperating companies with a layer of common management, headed by Carlos Ghosn.
– Carlos Ghosn, Chairman and CEO of the Alliance. REUTERS/Philippe Wojazer