NMKV, an existing joint-venture company established by Nissan and Mitsubishi, was launched in 2011 to co-develop a range of compact Kei cars for both brands. The first products of the venture, the Nissan Dayz and the Mitsubishi eK wagon, went on sale earlier this year in Japan.
The success of these past ventures has led to the strategic co-operation between Mitsubishi Motors and Nissan being widened to include the Renault-Nissan Alliance, increasing expansion opportunities.
Consequently, the collaboration will result in both technologies and manufacturing capacity being shared. One project will see a new small car co-developed by Nissan and Mitsubishi Motors. The basis of this project will be a jointly developed 'Kei car' platform, and a specific electric version will also be designed.
Osamu Masuko, President of Mitsubishi Motors Corporation commented: “As a result of the development of collaborative projects with Nissan Motor up to now, Mitsubishi Motors is pleased to work again with Nissan and now Renault towards achieving further collaborations.
"The new opportunities could be described as evidence that the ongoing collaborative projects between Mitsubishi Motors and Nissan have brought positive results, and Mitsubishi Motors hopes that any new collaborative projects with the Renault-Nissan Alliance would bring us further merits.”
The alliance will also see technologies and products, in the form of the newest electric vehicle developments and latest-generation platforms, shared between the companies.