Alliance Ventures focuses its research on the connected services, EV & Energy, new battery-technologies and new mobilities.
Besides, given the growing challenges in Circular Economy and Clean Tech, we are widening our research scope also to these domains including innovative battery recycling and alternative fuels companies which are key for Automotive Industry.
PowerShare, the developer of AI & Cloud based sustainable energy digital services intended to provide Energy & Battery AI technology, is closing series A+ round of financing. The round was led by Volvo Cars Tech Fund and Alliance Ventures participated.
This investment will enhance the global market expansion of its core businesses, such as Virtual Power Plant (VPP), Distributed Energy Resources Management System (DERMS), Battery AI Platform (BAP) and Energy AI Platform (EAP).
As a reminder, PowerShare is a digital energy and intelligent power management company with leading battery and energy AI technology at its core，and provides cloud-based energy management solutions, with over 100 proprietary AI algorithms in the field of battery performance, virtual power plant and smart charging technology.
One of PowerShare’s core offerings is the Virtual Power Plant (VPP) cloud solution, which can help foster more sustainable energy solutions.
This service-provider software platform connects and aggregates energy terminals such as industrial and residential energy storage, and charging stations, including clean energy terminals, such as solar panels and photovoltaic panels.
Based on AI, IoT (Internet of Things), and big data, VPP can carry out electricity trading to match energy production with energy demand from the grid. The system can overcome challenges caused by extreme weather and other external factors that disrupt green energy power supplies, compensating for the disadvantages of the traditional grid.
The Mobility House, the German provider of energy storage and electric vehicle charging products has successfully completed its C4 financing round of 48.5M€ in November.
This round was financed by historical investors only with a participation of the Alliance Ventures.
The fund will be used for its technology development and to expand their market position in the field of smart charging and Vehicle-to-Grid (V2G) in Europe, North America, and Asia.
Electric vehicles can stabilize the electric grid and temporarily store renewable energy. This promotes the expansion and integration of renewable energy. The company’s recently announced start of trading on the European Power Exchange EPEX SPOT SE signals another important step towards the intelligent integration of the mobility and electricity market.
Alliance Ventures welcomes two new interns since beginning of September: Nicolas MATHIEU and Capucine DOURY.
On her side, Capucine did two 6-month internships last year, one in a business law cabinet and another in an M&A firm.
Before joining the team, Nicolas had the opportunity to work in the public innovation ecosystem and in a digital services consulting company.
They are now very excited to join the team and bring their contribution to the Alliance.
Memorable moments with Takao Kato who test drove and discovered the future Renault Group line-up for the first time with Jean-Dominique Senard, Luca de Meo and the Group’s top management. A complete immersion in the Renaulution before the launch of two European Mitsubishi Motors models in 2023. Produced in Renault Group factories, the new ASX and the new COLT will be built-off of some Renault’s best-sellers and will use the CMF-B modular platform.
This gathering was also the opportunity to exchange on the different ongoing projects regarding the roll-out of the Alliance 2030 roadmap.
Paris, Tokyo, Yokohama – January 27th, 2022 – Renault Group, Nissan Motor Co., Ltd. and Mitsubishi Motors Corporation, the members of one of the world’s leading automotive alliances, today announced common projects and actions to accelerate and to shape their shared future towards 2030, focusing on the mobility value chain.
A year and a half after announcing its new cooperation business model to support member-company competitiveness and profitability, the Alliance is now based on solid foundations, benefits from an efficient operational governance organization and from intensified as well as flexible cooperation.
Continuing the Leader-Follower scheme defined in May 2020, select technology is developed by one leading team with the support of the followers, thereby allowing each member of the Alliance to access all the key technologies.
The Alliance has defined a common 2030 roadmap on pure-EV and Intelligent & Connected mobility, sharing investments for the benefits of its three-member companies and their customers.
“Among the world’s automotive leaders, the Renault-Nissan-Mitsubishi Alliance is a proven, unique model. For 22 years, we have been building on our respective cultures and strengths for our common benefit,” said Jean-Dominique Senard, Chairman of the Alliance. “Today the Alliance is accelerating to lead the mobility revolution and deliver more value to customers, our people, our shareholders and all our stakeholders. The three member-companies have defined a common roadmap towards 2030, sharing investments in future electrification and connectivity projects. These are massive investments that none of the three companies could make alone. Together, we are making the difference for a new and global sustainable future; the Alliance becoming carbon neutral by 2050.”
Moving together for the benefit of each – Leader-Follower scheme
The Alliance members have developed a “smart differentiation” methodology that defines the desired level of commonality for each vehicle, integrating several parameters of possible pooling, such as platforms, production plants, powertrains or vehicle segment. This is supplemented and enhanced by a stricter approach to design and upper-body differentiation. For example, the common platform for the C and D segment will carry five models from three brands of the Alliance (Nissan Qashqai and X-Trail, Mitsubishi Outlander, Renault Austral and an upcoming seven-seater SUV).
Strengthening this process, the Alliance members will enhance usage of common platforms in the coming years from 60% today to more than 80% of its combined 90 models in 2026. This will allow each company to deepen their focus on their customers’ needs, their best models and core markets, while also extending innovations across the Alliance, at a lower cost.
As part of this, Mitsubishi Motors will reinforce its presence in Europe with two new models, among them the New ASX based on Renault best-sellers.
Five common EV platforms: the largest global offer of the industry
Renault, Nissan and Mitsubishi have pioneered the EV market, with more than 10 B€ already invested in the field of electrification. In the main markets (Europe, Japan, the US, China) 15 Alliance plants already produce parts, motors, batteries for 10 EV models on the streets, with more than 1 million EV cars sold so far and 30 billion e-kilometers driven.
Building on this unique expertise, the Alliance is accelerating with a total 23 B€ more investment in the next five years on electrification, leading to 35 new EV models by 2030.
90% of these models will be based on five common EV platforms, covering most markets, in all major regions:
Common battery strategy, breakthrough battery innovations and a planned 220 GWh production capacity to bring a highly competitive and attractive offer to all customers
Competitiveness is key, and that has led member companies to a common Alliance battery strategy, leading, among others, to the selection of a common battery supplier for Renault and Nissan in core markets.
The Alliance is working with common partners to achieve real scale and affordability, enabling to reduce battery costs by 50% in 2026 and 65% by 2028.
With this approach, by 2030, the Alliance will have a total of 220 GWh battery production capacity for EVs across key production sites in the world.
Beyond that, the Alliance shares a common vision for all-solid-state battery technology (ASSB). Based on its deep expertise and unique experience as a pioneer in battery technology, Nissan will lead innovations in this area that will benefit all Alliance members.
ASSB will have double the energy density versus current liquid lithium-ion batteries. Charging time will also be greatly reduced to one-third, enabling customers to make longer trips with increased, convenience, confidence and enjoyment.
The aim is to mass produce ASSB by mid-2028, and in the future beyond that to realize cost parity with ICE vehicles by bringing costs down further to 65$ per kWh, accelerating the global shift to EVs.
The Alliance battery management system is also at state-of-the art. Unlike others in the industry, the Alliance has chosen to control 100% of its hardware and software, benefiting from very valuable predictive data, allowing for monitoring the state of health of the battery and improving technology.
The Alliance is working with strategic partners to offer the best proposal to customers for public charging on the road. Mobilize Power Solutions provides to B2B customers a complete end-to-end service including project design, installation, maintenance and management of optimized recharging infrastructure and all related services to meet their business needs.
A recent agreement is with Ionity via the Alliance Emobility Service Provider Plug Surfing, which will allow its customers to access at preferential pricing to the Ionity ultra-fast charging network in Europe.
With more than 10 years’ experience in the EV business, Alliance members have deep knowledge that allows them to be ahead of the competition in optimizing battery reuse, notably with second life battery applications, recycling and achieving efficient and sustainable solutions over the full battery life cycle.
25 Million cars connected to the Alliance Cloud by 2026: The best-in-class digital experience for customers
Intelligent and connected mobility are critical areas for increased shared innovation across the Alliance.
With 20 years’ experience in ADAS (advanced driver-assistance systems) and autonomous drive, the Alliance keeps improving real-world driving safety, convenience, and enjoyment by delivering innovations in intelligent vehicle and driver assistance technologies, with an example being Nissan’s award-winning ProPILOT system.
With shared platforms and electronics, by 2026 Alliance members expect to have more than 10 million vehicles on the road across 45 Alliance models equipped with autonomous driving systems.
Today, 3 million vehicles are already connected to the Alliance Cloud with permanent data exchanges.
By 2026, more than 5 million Alliance cloud systems will be delivered per year, with 25 million total cars on the road. The Alliance will also be the first global, mass-market OEM to introduce the Google ecosystem in its cars.
Under Renault’s leadership, the Alliance is developing a common centralized electrical and electronic architecture converging electronics hardware and software applications to offer maximum benefits and an optimal level of performance.
The Alliance will launch its first full software defined vehicle by 2025. With this vehicle, the Alliance will improve its cars Over The Air performance throughout their life cycle. This means value for customers with the integration of their car into their digital ecosystem to offering a personalized experience, new enhanced services, and reduced maintenance costs. This will also allow Alliance members to boost vehicle resale values. In addition, Software defined vehicles will be able to communicate with connected objects, users, and infrastructure, opening new fields of value for the Alliance companies.
Alliance best-in-class digital experience will be the gateway to an unprecedented amount of data, paving the way to the automotive industry’s next frontier. with Renault Group, Nissan Motor Co., Ltd and Mitsubishi Motors positioned at the forefront of this revolution.
Follow the conference on alliancernm.com
Renault Group
Frederic Texier
Tel.: +33.6.10.78.49.20
–
Rie Yamane
Tel.: +33.6.03.16.35.20
Nissan Motor Co., Ltd.
Lavanya Wadgaonkar
Koji Okuda
Tel.: +81 (0)45-523-5552
nissan_japan_communications@mail.nissan.co.jp
Mitsubishi Motors
Naoko Koike
Media.contact@mitsubishi-motors.com
Tetsuji Inoue
tetsuji.inoue@mitsubishi-motors.com
This press release features more medias: Download PDF
The presentation of Alliance 2030: Download PDF
PRESS RELEASE – Paris/Irvine, November 13, 2018
Enevate’s silicon-dominant Li-ion technology features extreme fast-charging capabilities with high energy density and improved safety.
Alliance Ventures, the strategic venture capital arm of Renault-Nissan-Mitsubishi, has announced today that it has invested in the latest round of funding in Enevate Corporation, an advanced lithium-ion (Li-ion) battery technology company based in Irvine, California. This marks the latest technology investment by Alliance Ventures, launched earlier this year to support start-ups, early-stage development, and entrepreneurs at the cutting edge of next-generation systems for the automotive industry.
Francois Dossa, Alliance Global Vice President, Ventures and Open Innovation, said: “We are pleased to participate in Enevate’s latest funding round. This strategic investment allows us to support the development of Enevate proprietary cutting edge electrode technology. Continued development in this critical field will help us accelerate the electrification of our vehicles.”
The investment reflects the capability of Enevate in breakthrough Li-ion batteries capable of extreme fast charging with high energy density and safety. Enevate’s technology, which could enable electric vehicles (EVs) to charge in the same time as refueling conventional cars, is seen as a leader in its field.
“We share the common goal of making electric vehicles easier to use and adopt in mass markets,” says Enevate President and CEO Robert A. Rango. “We look forward to our strategic partnership with Renault-Nissan-Mitsubishi, as they are a global leader in electric vehicles and they understand the market needs of EV consumers worldwide.”
Enevate’s HD-Energy® Technology for EVs features five-minute fast charging with high energy density and long driving range, with the added capability of low-temperature operation in cold climates, low cost, and safety benefits. This short charging time is superior to any other Li-ion technology available today to meet automotive EV requirements for energy density, range, safety, and cost.
Enevate licenses its silicon-dominant HD-Energy Technology to battery and EV automotive manufacturers and suppliers worldwide to quickly achieve production volume and drive adoption of next-generation features that take EVs to the next level.
ABOUT ENEVATE
Enevate Corporation, with global headquarters in California, USA, develops and licenses advanced silicon-dominant Li-ion battery technology that revolutionizes the electric vehicle (EV) market by breaking down barriers to EV adoption. Enevate’s pioneering work on silicon-dominant anodes and cells has resulted in its breakthrough HD-Energy® Technology featuring extreme fast charging with uncompromised high energy density, excellent low-temperature operation for cold climates, low cost, and safety advantages over conventional graphite Li-ion batteries.
Investors include Mission Ventures, Draper Fisher Jurvetson, Tsing Capital, Infinite Potential Technologies, Presidio Ventures – a Sumitomo Corporation company, CEC Capital, Samsung, Lenovo, LG Chem, and the Alliance (Renault-Nissan-Mitsubishi). Enevate, the Enevate logo, HD-Energy, and eBoost are registered trademarks of the Enevate Corporation. To learn more about, or to license, Enevate’s industry-defining battery technology, visit www.enevate.com.
ABOUT RENAULT-NISSAN-MITSUBISHI
Groupe Renault, Nissan Motor Company and Mitsubishi Motors represent the world’s largest automotive alliance. It is the longest-lasting and most productive cross-cultural partnership in the auto industry. Together, the partners sold more than 10.6 million vehicles in nearly 200 countries in 2017. The member companies are focused on collaboration and maximizing synergies to boost competitiveness. They have strategic collaborations with other automotive groups, including Germany’s Daimler and China’s Dongfeng. This strategic alliance is the industry leader in zero-emission vehicles and is developing the latest advanced technologies, with plans to offer autonomous drive, connectivity features and services on a wide range of affordable vehicles.
www.alliance-2022.com
www.media.renault.com
www.nissan-newsroom.com
www.mitsubishi-motors.com/en/newsrelease/
PRESS RELEASE – Paris/Yokohama/Tokyo, October 11, 2018
Alliance Ventures, the corporate venture capital fund of Renault-Nissan-Mitsubishi, the world’s largest automotive group by unit sales, today announced that it led a $5 million Series A investment in Coord, the US mobility data platform.
The latest investment by Alliance Ventures is also supported by additional funding from Trucks, Urban.Us, DB Ventures and Joshua Schachter. They join Alphabet’s Sidewalk Labs, a previous investor in Coord.
“We are pleased to be adding Coord to our investment portfolio,” said Francois Dossa, Alliance Global Vice President, Ventures and Open Innovation. “This promising and fast-growing business fits exactly with our goal to support technology start-ups and business entrepreneurs focused on next-generation mobility services.”
Initially focused on reaching developers with their robust suite of APIs, Coord intend to use this new financing to scale geographic coverage and build a comprehensive solution to enable enterprise customers to optimize their use of transportation infrastructure such as roads, curbs and parking lots.
“We’re excited to support Coord in their mission to make cities more livable by enabling seamless mobility for everyone,” said Ryan Armbrust, Partner at Alliance Ventures. “Coord is building vital digital infrastructure that not only helps existing transportation modes operate more efficiently, but also enables rapid experimentation with new modes like scooter-share and autonomous vehicles.”
“We are grateful to have the support of a diverse group of investors who see the opportunity to transform the mobility market,” said Stephen Smyth, CEO of Coord. “Alliance Ventures and others bring expertise across the transportation and urban technology sectors that will enable us to accelerate the adoption of mobility solutions in cities throughout North America.”
ABOUT RENAULT-NISSAN-MITSUBISHI
Groupe Renault, Nissan Motor Company and Mitsubishi Motors represent the world’s largest automotive alliance. It is the longest-lasting and most productive cross-cultural partnership in the auto industry. Together, the partners sold more than 10.6 million vehicles in nearly 200 countries in 2017. The member companies are focused on collaboration and maximizing synergies to boost competitiveness. They have strategic collaborations with other automotive groups, including Germany’s Daimler and China’s Dongfeng. This strategic alliance is the industry leader in zero-emission vehicles and is developing the latest advanced technologies, with plans to offer autonomous drive, connectivity features and services on a wide range of affordable vehicles.
www.alliance-2022.com
www.media.renault.com
www.nissan-newsroom.com
www.mitsubishi-motors.com/en/newsrelease/
PARIS, France – October, 2018
Alliance Ventures, the strategic corporate venture capital fund of Renault-Nissan-Mitsubishi, were at Mondial Tech to meet startups and sponsor a startup contest.
Mondial Tech a new mobility tech event held in conjunction Paris Motor Show where startups had opportunities to make new contacts, and to develop their projects and accelerate their mobility initiatives.
To learn more about that event, watch the video:
PRESS RELEASE – November 5, 2018
Transit’s mobile app aggregates and maps real-time transportation data, functional in more than 175 metropolitan areas around the world.
Alliance Ventures, the strategic venture capital arm of Renault-Nissan-Mitsubishi, has announced today that it has invested in the latest round of funding in Transit, a multi-modal transportation mobile app company based in Montreal, Canada. This marks the latest technology investment by Alliance Ventures, launched earlier this year to support start-ups, early-stage development and entrepreneurs at the cutting edge of next-generation systems for the automotive industry.
François Dossa, Alliance Global Vice President, Ventures and Open innovation, said: “We are pleased to make a strategic investment in Transit, the leading urban mobility navigation start-up in North America. This investment, which will advance Transit’s efforts to make mobility seamless and accessible in cities, fits with the Alliance 2022 strategy to become a leader in robo-vehicle ride-hailing mobility services and a provider of vehicles for public transit use and car-sharing.”
Sam Vermette, chief executive of Transit, added: “New modes of mobility are entering the market at record speeds. It took decades for car-sharing to catch on. Now, e-bikes and scooters are being rolled out in weeks. This is an exciting time, as Transit helps people navigate their new mobility options. We look forward to working closely with Renault-Nissan-Mitsubishi as Transit grows.”
Transit’s mobile app platform enables multi-modal transportation, integrating public transit, ride-hailing, bike-sharing, and scooter-sharing. By combining real-time data from transit agencies with user crowdsourcing, Transit provides the most accurate information. Users enable GO, a function to get real-time notifications for their ride. Transit then tracks the real-time location of the vehicle and notifies the user when to leave for their stop, when to disembark, and sends adjusted ETAs. The investment reflects the capability of Transit in advancing multi-modal transportation as new modes of mobility rapidly enter the market. Transit is seen as a leader in its field, servicing more than 175 metropolitan areas globally
ABOUT TRANSIT
Transit solves the urban commute in more than 175 cities worldwide. Users can easily navigate public transit with accurate real-time predictions, simple trip planning, and step-by-step navigation. The app also integrates other transport modes — bikeshare, scooters, carshare and ridehail — so users can determine the best way to get from A to B. The company is based in Montréal, Québec. Investors include In-Motion Ventures, Accel, Real Ventures, Accomplice, BDC, and Renault-Nissan-Mitsubishi.
http://www.transitapp.com
ABOUT RENAULT-NISSAN-MITSUBISHI
Groupe Renault, Nissan Motor Company and Mitsubishi Motors represent the world’s largest automotive alliance. It is the longest-lasting and most productive cross-cultural partnership in the auto industry. Together, the partners sold more than 10.6 million vehicles in nearly 200 countries in 2017. The member companies are focused on collaboration and maximizing synergies to boost competitiveness. They have strategic collaborations with other automotive groups, including Germany’s Daimler and China’s Dongfeng. This strategic alliance is the industry leader in zero-emission vehicles and is developing the latest advanced technologies, with plans to offer autonomous drive, connectivity features and services on a wide range of affordable vehicles.
www.alliance-2022.com
www.media.renault.com
www.nissan-newsroom.com
www.mitsubishi-motors.com/en/newsrelease/