Alliance Ventures closely monitors the Mobility innovation ecosystem – New Mobility

Alliance Ventures closely monitors the Mobility innovation ecosystem – New Mobility

ALLIANCE VENTURE’S 5 INNOVATION TERRITORIES

Alliance Ventures focuses its strategic investments over 5 Innovation Territories which have been closely tracked since 2018:
• New Mobility
• Autonomous Driving
• Electric Vehicle, Cleantech & Energy
• Connected Services
• Enterprise 2.0

OUR INSIGHTS ON THE NEW MOBILITY INNOVATION ECOSYSTEM

We would like to share our vision and analysis of each Innovation Territory, starting with New Mobility in which we categorized Mobility Services, Goods Delivery, Mobility Marketplace Providers, MaaS Platforms, Fleet Ops. SaaS solutions and more. The results presented below have been found from our internal data, monitored from 2018 to 2021.
Investments in New Mobility startups have been increasing over the past few years, reaching a total of appr. $45B from January 2018 up to June 2021. Within this ecosystem, startups from the United States (29%) and China (23%) are concentrating over half the global amount raised. The Singaporean Grab and Indonesian Gojek ride hailing, and delivery platforms have allowed the rest of the world to also feature great successes, respectively raising appr. $4.8B and $3B over this period.
While China has the largest median raised money per New Mobility startup, Europe and North America benefit from a deep market of startups that have raised money in smaller average amounts.
We observed an interesting trend in the distribution of the series over the period. If Seed and Series A and Series B led by far the total amount of fundraising rounds over the first semester of 2018 (67 and 52 respectively vs 13 for Series C+), this distribution is today much more balanced with 26 Series C+, 23 Series A and B and 15 Seed over the first semester of 2021.
When we take an even closer look within New Mobility which sub-categories get the largest focus, we found out that startups in Mobility Services (61% in amount raised), Goods Delivery Services (20%) and Mobility Marketplace Providers (19%) have raised the most money. Goods delivery rise has been especially spectacular since the beginning of covid, going from appr. $1B raised over the first semester of 2020 to over $5B during 2021’s first semester.
Included in these amounts are some major success stories like the US delivery startup goPuff that raised an exceptional $1.15B over its 2021 Series G, the Chinese app-based transportation service Didi that raised $1B in Seed in 2020 and $600M in Series B in 2021, and the German e-commerce and transportation company Flixbus that raised a 2019 Series F of $560M.

Sources: Pitchbook, Crunchbase, Axios, Strictky VC Newsletter, Trucks Newsletter

Alliance Ventures’ team presentation

Alliance Ventures’ team presentation

ABOUT THE TEAM

Alliance Ventures, the Renault-Nissan-Mitsubishi Venture Capital fund launched in 2018, has seen a wave of new arrivals since the beginning of covid.
Alliance Ventures’ Paris team has been completely renewed over 2020-2021. In Europe, Veronique Sarlat-Depotte, also General Secretary and Executive VP of the Alliance Renault-Nissan-Mitsubishi, has been appointed as Chairman of Alliance Ventures. Julien Lhotte has joined the team as Operation & Governance Manager. Jean-Baptiste Dagand has been working as Alliance Ventures’ Financial Analyst & Controller. Finally, Cyril Kernbaum & Zakaria Lazaar are working as Venture Capital Analysts, supporting the team with various analyses.
The US and China-based team hasn’t seen any new arrivals. Ryan Armbrust remains in his position as Alliance Ventures’ Senior Partner and Lei Qi as Principal. Respectively based in the Silicon Valley and in China, they have been leading our investment deals, strategic collaboration within the Alliance and portfolio management since the beginning of the adventure back in 2018.

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, whose member companies are focused on collaboration and maximizing synergies to boost competitiveness. This strategic alliance is among the industry leaders 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.

ABOUT ALLIANCE VENTURES

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, Paris and the Silicon-Valley, plans to invest to support open innovation. Alliance Ventures targets technology and business model innovation in new mobility, autonomous driving, connected services, EV & energy and enterprise 2.0. By drawing on expertise and business opportunities from across the world’s largest automotive alliance, the fund makes strategic investments at all start-up stages and incubates new automotive entrepreneurs at the cutting edge of next-generation systems for the automotive industry.

The Mobility House collaborates with Renault to implement second-life car battery storage in France

The Mobility House collaborates with Renault to implement second-life car battery storage in France

NEW COLLABORATION PROJECT

For the first time in France’s power market, in summer 2021, technology startup The Mobility House has implemented electric car battery storage. The battery storage is made up of first and second-life batteries from Renault’s Zoe car model.
Renault’s Advanced Battery Storage continues to support the electricity storage initiative from The Mobility House. The new facility at Renault’s Douai plant in northern France is designed similarly to the storage facility TMH and Renault opened in Elverlingsen, North Rhine-Westphalia, in November 2020. One difference: in Elverlingsen, only new batteries were utilized (First Life), whereas in Douai, a mixture of new and Renault Zoe’s batteries were used (Second Life).
“Electric mobility offers new opportunities for the energy transition. At The Mobility House, we are seizing them. Smart charging and energy storage solutions. With Vehicle-to-Grid and stationary storage, we are launching a revolution in the world of energy and realizing our vision: a future without CO2 emissions,” says Thomas Raffeiner, Founder of TMH.
The Douai plant is not only important for electromobility because of its stationary storage. Douai is the centre of ElectriCity, in which Renault is combining its northern French plants into an electromobility production network. Among other things, the new Renault 5 will be built at the plant.
Previously, The Mobility House had teamed up with Nissan and several other industrial and local actors with the aim of powering the largest European energy storage system using second life and new electric vehicle batteries in a commercial building, inside Amsterdam’s Johan Cruijff Arena. The 3-megawatt storage system provides a more reliable and efficient energy supply with the equivalent of 148 Nissan LEAF batteries.

ABOUT THE MOBILITY HOUSE

The goal of The Mobility House is to create a zero-emission energy and mobility future. Our technology platform unites the automotive and energy sectors. We integrate vehicle batteries into the power grid using intelligent charging, energy and storage solutions. This way, we promote the development of renewable energies, stabilize the power grid and make electric mobility more affordable. The technology company was founded in 2009 and operates globally from its Munich, Zurich and Sunnyvale (CA) sites, serving customers in over 10 countries. These include leading automotive manufacturers, fleet operators, installation companies, energy suppliers and electric car drivers. For more information, visit mobilityhouse.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, whose member companies are focused on collaboration and maximizing synergies to boost competitiveness. This strategic alliance is among the industry leaders 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.

ABOUT ALLIANCE VENTURES

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, Paris and the Silicon-Valley, plans to invest to support open innovation. Alliance Ventures targets technology and business model innovation in new mobility, autonomous driving, connected services, EV & energy and enterprise 2.0. By drawing on expertise and business opportunities from across the world’s largest automotive alliance, the fund makes strategic investments at all start-up stages and incubates new automotive entrepreneurs at the cutting edge of next-generation systems for the automotive industry.

New step in Alliance cooperation: Groupe Renault to supply models for Mitsubishi Motors in Europe

New step in Alliance cooperation: Groupe Renault to supply models for Mitsubishi Motors in Europe

Starting 2023, Mitsubishi Motors will procure two models produced by Groupe Renault, for selected markets in Europe. Groupe Renault and Mitsubishi Motors Corporation today announced a new step in their operational cooperation.

Mitsubishi Motors has decided to procure OEM-model vehicles from Renault, best-sellers on the European market which already meet regulatory requirements, for selected major markets in Europe. Starting 2023, Mitsubishi Motors will thus sell two “sister models” produced in Groupe Renault plants, which are based on the same platforms but with differentiations, reflecting the Mitsubishi brand’s DNA.

A model mix of the newly launched Mitsubishi Eclipse Cross PHEV and the Renault-developed sister models will enable Mitsubishi Motors to be more competitive in the market.

“I am very happy to see Mitsubishi Motors building a new line-up in Europe. The Alliance aims to enhance competitiveness and enable more effective resource-sharing for the benefit of all three companies. Our approach is collaborative, relying on mutual respect, with a clear intention to boost the performance of each company, allowing individual companies to capitalize on their own strengths, avoid duplication of resources and improve efficiencies.”

Jean-Dominique Senard, Chairman of the Alliance Operating Board and Renault

 

“Mitsubishi Motors welcomes Renault’s OEM models for the European market, and ultimately new customers. Mitsubishi Motors has been implementing structural reforms in Europe and our decision to freeze new car development for the European Market, announced in July 2020 in our mid-term business plans, remains. However, the OEM supply agreement will provide us with a solution to offer new products developed and manufactured in Europe– alongside our ongoing after sales business.”

Takao Kato, CEO Mitsubishi Motors

 

“Our new approach within the Alliance, focusing on impactful and meaningful projects, is turning into reality. This pragmatic, value-driven initiative will make a difference in our plants, in our partner’s footprint and on the European streets. This beautiful project meets all partners’ expectations from a design, regulatory and business perspective. This is what the Alliance is meant for and we are very happy, at Groupe Renault, to contribute to this new step in its history of cooperation.”

Luca de Meo, CEO Groupe Renault

In line with the Alliance announcement last May 2020, Groupe Renault, Nissan Motor Co., Ltd. and Mitsubishi Motors, the members of one of the world’s leading automotive alliances, keep working on several initiatives to enhance competitiveness and realize further growth of the three partner companies by leveraging their respective leadership positions and geographic strengths.

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Appointments within the Alliance Renault – Nissan – Mitsubishi

Appointments within the Alliance Renault – Nissan – Mitsubishi

Groupe Renault, Nissan Motor Co., Ltd. and Mitsubishi Motors Corporation announce today new appointments within the Alliance as of April 1st, 2021.

Véronique Sarlat-Depotte, currently Alliance EVP, Purchasing and Managing Director of Alliance Purchasing Organization (APO), is appointed Alliance General Secretary. She remains a member of the Board of Management (BoM) of Groupe Renault.

At the head of the Alliance Cooperation Office, her mission will be to coordinate the Alliance’s major projects, to accelerate and deepen operational cooperation, and to broaden the fields of development and application for the benefit of the three member companies.

Gianluca De Ficchy is appointed Alliance EVP, Purchasing and Managing Director of Alliance Purchasing Organization (APO), replacing Véronique Sarlat-Depotte. He joins the Board of Management (BoM) of Groupe Renault.

“I would like to thank Groupe Renault and the members of the Board of the Alliance for trusting me during these many years for the creation and implementation of Renault Digital, for the development and implementation of strategic partnerships and more particularly for the relaunch and reconstruction of the Alliance’s new cooperation model. I am handing over the Alliance General Secretariat to Véronique, to whom I wish success.”

Hadi Zablit, Currently Alliance General Secretary, will leave his position on April, 1st, 2021

“I would like to warmly thank Hadi who was able to create this new breath of life at the level of the Alliance and who led these highly strategic cooperations for the three companies. His remarkable work allows us to look to the future with optimism, with a portfolio of projects that matches our ambitions. I welcome the arrival of Véronique and Gianluca, who, during their careers, have held various positions of responsibility at Renault and Nissan and have contributed to the strengthening of the Alliance. Thanks to their experience and their extensive knowledge of the member companies, they will be able to accelerate the transformation and the dynamics of cooperation within the Alliance, while broadening the fields of application.”

Jean-Dominique Senard, Chairman of the Alliance Operating Board and of Renault

Véronique Sarlat-Depotte, holds an engineering degree from the EPF (École Polytechnique Féminine).

She began her career at Renault in 1989 as part of the Purchasing Division. She has held several positions within Renault and Nissan, in France and Japan, within Purchasing, RNPO and CEO Office.

In 2005, she was appointed Deputy General Manager, Purchasing Strategy at Nissan Motors Limited in Japan before being promoted General Manager in 2007 at the Japan Headquarters. In 2009, she was appointed GM, RNPO Vehicle Body Parts within RNPO. In 2010, she was promoted Vice President, RNPO Body & Electrical. In 2014, she became Alliance Global Director, RNPO Body & Electrical.

On January 2015, Véronique Sarlat-Depotte became Deputy Managing Director of RNPO & Renault-Nissan Senior Vice President, Purchasing.

In November 2016, Véronique Sarlat-Depotte has been Alliance Global Executive Vice President, Purchasing, and President of RNPO (Renault Nissan Purchasing Organization).

Since April 2018, RNPO’s scope has been extended to include Mitsubishi’s purchasing activity. This structure is renamed the Alliance Purchasing Organization and Véronique Sarlat-Depotte takes the lead as Alliance EVP, Purchasing and Managing Director of Alliance Purchasing Organization (APO).

Since March 1st, 2019, Véronique Sarlat-Depotte is member of Groupe Renault Executive Committee which was renamed Board of Management on January 1, 2021.

As of April 1st, 2021, Véronique Sarlat-Depotte, is appointed Alliance General Secretary. She remains a member of the Board of Management (BoM) of Groupe Renault.

Gianluca De Ficchy graduated in Economics from LUISS University in Rome. He started his career at Ernst & Young in 1994 and then joined Groupe Renault in 2001 as Finance Director of RCI Banque in Italy.

In 2004, he was appointed Director of Planning & Management Control at RCI Banque. In 2007, he joined FGA Capital, a joint venture between Crédit Agricole and Fiat S.p.A., of which he became Chairman and CEO in 2013.

In October 2014, Gianluca De Ficchy was appointed Chief Executive Officer of RCI Bank and Services. In April 2016, he became Chairman of the Board of Directors of DIAC S.A., while retaining his position as Chief Executive Officer of RCI Bank and Services. In 2017, he was appointed member of Groupe Renault Management Committee (CDR).

In April 2018, Gianluca De Ficchy joined Nissan as Senior Vice President and Chairperson of Management Committee for Europe .

Since October 1st, 2020, Gianluca De Ficchy was Nissan’s Chairman for the AMIEO region, which covers the activities of the Group’s brands in Africa, the Middle East, India, Europe (including Russia) and Oceania.

As of April 1st 2021, Gianluca De Ficchy is appointed Alliance EVP, Purchasing and Managing Director of Alliance Purchasing Organization (APO) and joins the Board of Management (BoM) of Groupe Renault.

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Alliance new cooperation business model to support member-company competitiveness and profitability

Alliance new cooperation business model to support member-company competitiveness and profitability

  • Alliance partners to leverage leader-follower scheme to enhance efficiency and competitiveness in products and technologies
  • Individual members to be reference for the regions where they have key strengths, acting as a gateway and support mechanism for partners’ competitiveness
  • Alliance continues to benchmark performance in products, technologies and markets against top industry standards

Groupe Renault, Nissan Motor Co., Ltd. and Mitsubishi Motors Corporation, the members of one of the world’s leading automotive alliances, today announced several initiatives as part of a new cooperation business model to enhance the competitiveness and profitability of the three partner companies.

The member companies plan to build on existing Alliance benefits in areas such as joint purchasing by leveraging their respective leadership positions and geographic strengths to support their partners’ business development.

“The Alliance is a unique strategic and operational partnership in the automotive world and gives us a strong edge in the ever-changing global automotive landscape,” said Jean-Dominique Senard, Chairman of the Alliance Operating Board and Renault. “The new business model will enable the Alliance to bring out the most of each company’s assets and performing capabilities, while building on their respective cultures and legacies. The three companies of the Alliance will cover all vehicle segments and technologies, across all geographies, for the benefit of every customer, while increasing their respective competitiveness, sustainable profitability and social and environmental responsibility.”

The leaders of the three companies have endorsed the principles of the leader-follower scheme for vehicles, in which they will cooperate to:

  • push the Alliance’s standardization strategy further, from platforms to upper bodies;
  • per product segment, focus on one mother vehicle (leader car) and sister vehicles engineered by the leading company, with the support of the followers’ teams;
  • ensure that leader and follower vehicles for each brand are produced using the most competitive setup, including grouping production where appropriate; and,
  • continue to build on product sharing in light commercial vehicles, where the leader-follower model is already applied

The leader-follower scheme is expected to deliver model investment reductions of up to 40% for vehicles fully under the scheme. Those benefits are expected to come in addition to conventional synergies that are already delivered today.

The Alliance also endorsed the principle of naming different parts of the world as “reference regions,” with each company focusing on its core regions with the aim to be among the most competitive and to serve as a reference for the others to enhance their competitiveness.

Under this part of the scheme, Nissan will be the reference for China, North America and Japan; Renault in Europe, Russia, South America and North Africa; and Mitsubishi Motors in ASEAN and Oceania.

With each company becoming a reference company in respective regions, the opportunities for sharing will increase to maximize fixed cost sharing, as well as leveraging each company’s assets.

The companies’ product portfolio updates will follow the leader-follower scheme, and leader and follower vehicles will be produced using the most competitive setup. For instance:

  • The renewal of the C-SUV segment post-2025 will be led by Nissan, while the future renewal of the B-SUV segment in Europe will be led by Renault.
  • In Latin America, the B-product platforms will be rationalized, evolving from four variants to only one for both Renault and Nissan products. This platform will be produced in two plants each producing for both Renault and Nissan.
  • In Southeast Asia and Japan, Alliance members will pursue select opportunities under the same scheme, such as the kei car collaboration between Nissan and Mitsubishi Motors.

With all of the above taken together, close to 50% of Alliance models will be developed and produced under the leader-follower scheme by 2025.

In terms of technology efficiency, the Alliance members will continue their capitalization of existing assets to ensure that each member company continues to share the investment in platforms, powertrains and technologies. This sharing has proven its efficiency in powertrain and platform development and enabled the successful launch of the CMF-B platform for the Renault Clio and Nissan Juke, as well as the kei car platform for the Nissan Dayz and Mitsubishi eK Wagon. The CMF-C/D and CMF-EV platforms will follow soon.

The leader-follower scheme will be extended from platforms and powertrains to all key technologies, with leadership assigned as follows:

  • Autonomous driving: Nissan
  • Connected-car technologies: Renault to lead Android-based platform and Nissan in China
  • E-body, the core system of the electric-electronic architecture: Renault
  • e-PowerTrain (ePT): CMF-A/B ePT – Renault; CMF-EV ePT – Nissan
  • PHEV for C/D segment: Mitsubishi

This new business model will enable members companies to bring out the most of their expertise and competitiveness to reinforce the Alliance as a whole in a radically changing global automotive environment.

MEDIA CONTACTS

Groupe Renault
Frederic Texier
Tel: +33.6.10.78.49.20
frederic.texier@renault.com
www.group.renault.com

Nissan Motor Co., Ltd.
Lavanya Wadgaonkar
Tel:+81.80.7484.7691
lavanya@mail.nissan.co.jp

Mitsubishi Motors
Naoko Koike
Tel:+81.3.6852.2140
media.contact@mitsubishi-motors.com

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Renault-Nissan-Mitsubishi accelerate operational efficiency of the Alliance and will appoint Alliance General Secretary

Renault-Nissan-Mitsubishi accelerate operational efficiency of the Alliance and will appoint Alliance General Secretary

PRESS RELEASE – November 29, 2019

Renault-Nissan-Mitsubishi, the world’s leading automotive alliance, held its monthly Alliance Operating Board Meeting in Boulogne-Billancourt, France, attended by Jean-Dominique Senard, Chairman of the Alliance Operating Board and Renault, Makoto Uchida, nominated CEO Nissan Motor Co, Osamu Masuko, Chairman Mitsubishi Motors, Clotilde Delbos, acting CEO Renault, Takao Kato CEO Mitsubishi Motors, Ashwani Gupta, nominated COO Nissan Motor Co, Jose-Vicente de Los Mozos, acting Deputy CEO Renault and Olivier Murguet, acting Deputy CEO Renault.

The meeting concentrated on improving the efficiency of the Alliance with a deep, common understanding of the work to be achieved by the Alliance in the future.

The Board members all agreed on programs to significantly enhance and accelerate the operational efficiency of the Alliance for the benefit of the three companies, including action plans to maximize the contribution of the Alliance to support each company’s strategic plan and operating profit.

As a first step, the Alliance Operating board has decided to appoint a General Secretary to be named in the coming days.

This Alliance executive will be key for coordinating and facilitating several major Alliance projects that are to be launched to accelerate business efficiencies for the respective companies. The General Secretary will report to the Alliance Operating Board and CEOs.
The Alliance will communicate details on the next steps of these programs in the coming weeks.

Contact:

Astrid DE LATUDE
Corporate Press Officer
+33 (0)1 76 83 18 84

Frédéric TEXIER
General Manager Press Department
+33 (0)1 76 84 33 67

Rié YAMANE
Corporate Press Officer (Sales & Regions)
+33 (0)1 76 84 00 99

GROUPE RENAULT
PRESS OFFICE
Tel.: +33 (0)1 76 84 63 36
renault.media@renault.com

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Alliance Ventures invests in the mobility house to boost electric mobility

Alliance Ventures invests in the mobility house to boost electric mobility

PRESS RELEASE – Paris/Munich, June 27, 2019

Alliance Ventures, the strategic venture capital arm of Renault-Nissan-Mitsubishi, announces an investment in The Mobility House, a technology company that provides a platform for integrating vehicle batteries into power grids using intelligent charging, energy and storage solutions.

That investment is the latest by Alliance Ventures in start-up, early-stage development and entrepreneurs at the cutting edge of next-generation technology for the automotive industry. The Mobility House is based in Germany, Switzerland and California’s Silicon Valley.

“Alliance Ventures aims to provide the right ecosystem of open innovation to ensure Alliance member companies deliver mobility for tomorrow,” said François Dossa, Alliance Global Vice President for Ventures and Open Innovation and Chairman of Alliance Ventures. “The Mobility House’s expertise in e-mobility and energy transition will contribute to the Alliance commitment to zero-emission vehicles and to the achievement of our vision: shaping the future of mobility.”

Alliance member companies and The Mobility House have already embarked on several projects together. For instance, through collaboration with The Mobility House, the Nissan LEAF was the first electric car to be used in a Vehicle-to-Grid (V2G) project in Germany, in Hagen. Cooperating with Groupe Renault, The Mobility House will market the biggest stationary energy storage systems made with electric vehicle batteries in Europe and contribute through its smart energy platform to make the Portuguese island of Porto Santo, near Madeira, the first “smart island” in the world.

“Alliance Ventures is a perfect investor for The Mobility House,” said Thomas Raffeiner, founder and CEO of The Mobility House. “The fact that the vision and skill set of our companies fit together very well has been proven many times in the past. We are delighted that we can embark on many more projects and make our shared vision of a sustainable energy future come true even faster.”

The investment in The Mobility House follows 11 others by Alliance Ventures, including start-up based in North America, Europe and China.

Financial terms of the investment in The Mobility House are not being disclosed.

ABOUT THE MOBILITY HOUSE

The goal of The Mobility House is to create a zero-emission energy and mobility future. Our technology platform unites the automotive and energy sectors. We integrate vehicle batteries into the power grid using intelligent charging, energy and storage solutions. This way, we promote the development of renewable energies, stabilize the power grid and make electric mobility more affordable. The technology company was founded in 2009 and operates globally from its Munich, Zurich and Sunnyvale (CA) sites, serving customers in over 10 countries. These include leading automotive manufacturers, fleet operators, installation companies, energy suppliers and electric car drivers. For more information, visit mobilityhouse.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/

ABOUT ALLIANCE VENTURES

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. Alliance Ventures targets technology and business model innovation in new mobility, autonomous driving, connected services, EV & energy and enterprise 2.0. By drawing on expertise and business opportunities from across the world’s largest automotive alliance, the fund makes strategic investments at all start-up stages and incubates new automotive entrepreneurs at the cutting edge of next-generation systems for the automotive industry.
www.alliance-2022.com/ventures/

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Groupe Renault and Nissan sign exclusive Alliance deal with Waymo to explore driverless mobility services

Groupe Renault and Nissan sign exclusive Alliance deal with Waymo to explore driverless mobility services

PRESS RELEASE: Mountain View, US – 19 June, 2019. Paris, France; Yokohama, Japan – 20 June, 2019.

  • Groupe Renault and Nissan to become the first automotive manufacturers to explore driverless mobility services with Waymo in France and Japan
  • Exclusive agreement to initially focus on driverless mobility services for people and goods in France and Japan

Groupe Renault, Nissan Motor Co., and Waymo, leaders in their respective fields, have entered into an exclusive agreement for an initial period to explore all aspects of driverless mobility services for passengers and deliveries in France and Japan.

The agreement is designed to bring together the strengths of each party and expand expertise by assessing market opportunities, working together to research commercial, legal and regulatory issues related to driverless transportation-as-a-service offerings in France and Japan. The Alliance of Renault-Nissan-Mitsubishi, with a global footprint and portfolio covering every segment of passenger and light commercial vehicles, is uniquely suited to join this business exploration with Waymo, a self-driving technology company building the world’s most experienced driver with more than 10 million miles on public roads.

The agreement marks a first step to developing long-term, profitable driverless mobility services operations. This analysis will first take place in France and Japan, home to Groupe Renault and Nissan headquarters, respectively, and may expand to other markets, excluding China, in the future.
To further the exploration process, Groupe Renault and Nissan will create joint venture Alliance-focused companies in France and Japan dedicated to driverless mobility services.

“This is an ideal opportunity for Waymo to bring our autonomous technology to a global stage, with an innovative partner. With the Alliance’s international reach and scale, our Waymo Driver can deliver transformational mobility solutions to safely serve riders and commercial deliveries in France, Japan, and other countries.”

John Krafcik
Chief Executive Officer, Waymo

“The story of tomorrow’s mobility will be jointly written, with the cooperation of the Alliance with Waymo, as industry leaders, opening new perspectives for driverless mobility services. We believe this partnership will accelerate our commitment to deliver new shared mobility services and benefit the automobile ecosystems by placing us at the forefront of driverless mobility new business streams in our key strategic markets.”

Thierry Bolloré
Chief Executive Officer, Groupe Renault

“As we continue our work through the mid-term plan – Nissan M.O.V.E 2022 – to evolve our business to meet changing consumer behavior, Nissan aims to be an early provider of driverless mobility service. Our expertise in the global automotive industry and expertise in strategic partnership will enable us to explore opportunities to grow our portfolio and deliver new value to customers with Waymo, the recognized leader in this space.”

Hiroto Saikawa
President and CEO Nissan Motor Co., Ltd.

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 10.7 million vehicles in nearly 200 countries in 2018. 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 mobility 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/

ABOUT WAYMO:

Waymo is a self-driving technology company with a mission to make it safe and easy for people and things to move around. Since its start as the Google Self-Driving Car Project in 2009, Waymo has been focused on improving transportation for all people by building the world’s most experienced driver. To date, Waymo has driven over 10 million miles autonomously on public roads across 25 U.S. cities and completed over 7 billion miles of simulation testing.
For more: www.waymo.com

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Renault and Nissan open the new Alliance Innovation Lab Tel Aviv

Renault and Nissan open the new Alliance Innovation Lab Tel Aviv

  • The new lab features a unique model of collaboration with Israeli startups and an exclusive partnership with the Israel Innovation Authority (IIA).
  • The facility is focused on developing sensors for autonomous driving, cyber security, and big data, complementing the other joint alliance innovation labs in Silicon Valley (USA) and Shanghai (China).
  • The new facility enables the Alliance member companies to increase open innovation opportunities with Israel startups and other partners.

Tel Aviv, June 10, 2019 – Renault and Nissan today announced the inauguration of a new facility for the joint innovation lab in Tel Aviv, Atidim Park, which will enable the Alliance to accelerate a unique model of collaboration with Israeli startups and an exclusive partnership with the Israel Innovation Authority.

Known as the Alliance Innovation Lab Tel Aviv, the facility focuses on sensors for autonomous driving, cyber security, and big data. The Alliance is currently testing and working on over ten joint prototyping projects with Israeli startups at different stages, among them are: Apollo Power, Argus, AutoTalks, BrightWay Vision, Electreon, Enigmatos, IRP systems, Karamba, Moodify, Saferide and Upstream.

The lab’s location in Atidim Park enables it to carry out Proof of Concepts (POCs) in ideal conditions and co-develop prototypes in Tel Aviv’s smart city experiment zone. With a surface area of 1600 square meters, the lab provides startups with the space to test technologies with real vehicles, as well as modern office space in a live ecosystem.

“With Israel as a global innovation hub, particularly with automotive technology, this new lab is a natural next step for us and will allow the Alliance to leverage the strengths of Israel’s startup ecosystem,” said Tsuyoshi Yamaguchi, Alliance EVP, Engineering. “Through collaborations with promising local startups with cutting-edge technologies, we aim to develop a variety of key technologies, which will be essential for the future of mobility.”

The grand opening ceremony was attended by the lab’s partners in Israel: Ron Huldai, Mayor of Tel Aviv-Yafo, Aharon Aharon, the CEO of Israel Innovation Authority, Dr. Shay Sofer, Chief Scientist at Israeli Ministry of Transport, Meital Lehavi, Deputy Mayor of Tel Aviv-Yafo for transportation, construction and infrastructure, Ofir Pines, Head of the Institute for Local Government at Tel Aviv University, the Ambassadors of France, Japan and the European Union to Israel, Sagi Niv, CEO of Atidim Park, Gaby Kaminsky, the Director of CityZone – Tel Aviv’s smart city zone, Avi Kenneth, CCO of Carasso Motors – the local Renault and Nissan importer that supports the lab, and other senior executives. The Alliance delegation included senior stakeholders including: Tsuyoshi Yamaguchi, Alliance EVP, Engineering, Gaspar Gascon Abellan, Deputy Alliance EVP, Engineering, Takao Asami, Alliance SVP, Research and Advanced Engineering, Christian Noske, Direct Investments Director of Alliance Ventures, Sophie Schmidtlin, Alliance Global Director of Advanced Engineering.

“The opening of this new facility is a special milestone for us. It is part of the Alliance’s growing engagement in the Israeli ecosystem, after setting-up our local innovation lab”, said Antoine Basseville, Director of the Alliance Innovation Lab Tel Aviv. “We believe that our new facility, the Alliance partnerships with the IIA (Israel Innovation Authority), with the municipality and university of Tel Aviv, will contribute to create a comprehensive mobility ecosystem in Atidim in a wide array of fields from smart city to our technical fields”

Being a selected operator of the Israel Innovation Authority’s “Technological Innovation Labs” program, the lab offers advantageous funding for POCs carried out by Israeli startups focusing on smart mobility.

The lab also works in close cooperation with Alliance Ventures, the Alliance corporate venture capital fund that plans to invest up to USD 1 billion over five years in startups, early-stage technology companies and entrepreneurial talents and has already invested in Maniv Mobility fund in Israel.

An additional partnership for the Alliance lab in Israel is CityZone, an innovation ecosystem for smart city ventures, at Atidim Park, under real-city conditions.

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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 10.7 million vehicles in nearly 200 countries in 2018. 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 mobility services on a wide range of affordable vehicles.

www.alliance-2022.com
www.media.renault.com
www.newsroom.nissan-global.com/
www.mitsubishi-motors.com/en/newsrelease/

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