Cooperation with Nissan and Renault in development, procurement and sales

「3社で2024年8月から進める協業交渉が前進した。」

「Nissan Motor Co., Ltd. and the company have also established an alliance among three companies, together with Renault.」

「In developed markets, we will introduce battery EVs leveraging the Alliance and expand our lineup. In response to the rapid evolution of electrification technologies, including batteries and motors, we will also promote the mutual use of electric components and powertrains across the Alliance to advance technology development quickly and efficiently.」

「As an investment to achieve sustainable growth, we decided to invest in Ampere, Renault Group's new EV and software company, to strengthen the development of electric vehicles and cooperation with the Alliance in preparation for the phase of accelerating electrification.」

「In March this year, we established a new body called the “Alliance Operating Board” together with our alliance partners Renault and NISSAN MOTOR CO.,LTD. Going forward, the three companies will maintain and develop their mutual relationship through discussions at the Alliance Operating Board, in accordance with the “WIN-WIN spirit.”」

「Daimler AG　Renault　Renault-Nissan Company　NISSAN MOTOR CO.,LTD.　Alliance Agreement on Strategic Cooperation in the Automotive Business　3 October 2018」

「In April 2018, we integrated part of our procurement function with the procurement function of the Renault-Nissan Alliance. From fiscal 2019, we will also accelerate our efforts to participate fully in the Alliance in R&D, production, after-sales services and business development.」

「In May 2016, we also entered into a strategic alliance with NISSAN MOTOR CO.,LTD., agreeing to cooperate in several areas, including procurement, the sharing of vehicle platforms, the division of responsibility for developing new technologies, the sharing of production facilities and growth markets.」

「On 20 October 2016, our company officially became a member of the Renault-Nissan Alliance, and we confirmed that Nissan and our company would launch a wide range of programmes to create synergies. The two companies are considering creating synergies in areas including global localisation, common vehicle platforms and technology sharing.」

「Specifically, we have agreed with NISSAN MOTOR CO.,LTD. to pursue synergies continuously across all aspects and regions of the business, including the following.」

「Specifically, we have agreed with NISSAN MOTOR CO.,LTD. to promote business cooperation in areas including research and development related to existing, new and future technologies; development of products, including vehicles, spare parts and accessories; procurement of goods and services; product manufacturing; distribution, sales and marketing of products, technologies and services, including sales financing and after-sales services, while protecting the respective brands of our company and NISSAN MOTOR CO.,LTD.; joint use of assets at every stage of the vehicle supply chain, including R&D facilities such as wind tunnels, specialised facilities, vehicle assembly plants, warehouses, distribution facilities, sales networks and intellectual property rights; joint R&D; joint procurement; reciprocal manufacturing and supply of products; product OEM arrangements; the provision of services and products to the other party's customers; executive exchanges between the two companies; sharing best practices; and evaluation of the other party's products.」

「The Company is considering promoting business alliances in areas including exchanges of executives between the two companies, mutual sharing of technology resources, continued development of mini vehicles, cooperation in the ASEAN region, sharing of powertrains for internal-combustion engines and electric vehicles, use of manufacturing facilities, procurement synergies, sales finance and after-sales services.」