Nissan, Renault, M'bishi rev up EV push, $26 bil. outlay, 35 models

Nissan Motor Co., Renault SA and Mitsubishi Motors Corp. said Thursday they will bolster their alliance in the electric vehicle business, pouring 23 billion euros ($26 billion) over the next five years into helping launch 35 new EV models by 2030 in the intensifying global race for green vehicles.The three-way alliance will also use common platforms for 80 percent of their all EV models and jointly develop by fiscal 2028 an all-solid-state battery, a key component to make batteries safer and give vehicles greater range.Alliance Operating Board Chairman Jean-Dominique Senard, also chairman o…READ FULL ARTICLE