In 2013, the
Renault-Nissan Alliance and Mitsubishi Motors Corporation had announced plans to work on new projects
which involved sharing products, technologies and each other’s manufacturing capabilities. Five years back, Nissan and Mitsubishi had formed a joint venture called NMKV. In early 2013, NMKV launched the Nissan Dayz and the Mitsubishi eK wagon. At that time, it was revealed that the two companies were discussing…
The move will help reduce costs and make the electric vehicle as affordable as conventional fuel powered cars
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