Renault-Nissan and Daimler To Venture into Autonomous Cars

In an attempt to move towards eco-friendly transportation alternatives, Renault-Nissan and Daimler plan to expand into battery and autonomous cars technology and mobility services, the global automotive leaders said on Wednesday.

“The industry being in transformation in the area of connectivity, autonomous cars, and connected services, there are plenty of areas of cooperation for our entities,” Renault Nissan Chief Executive Carlos Ghosn said in a news conference in Paris.

He further added “The higher price of oil, the more tailwind you will have behind electric cars.”

“It could be an advantage for the companies to pursue different avenues of battery research and to pool their findings, as the industry seeks better battery chemistry for electric cars,” Daimler Chief Executive Dieter Zetsche told reporters.

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