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Renault-Nissan And Mitsubishi Start Mobility Consortium Through Fund

2018-01-06 3 Dailymotion

The Renault, Nissan, and Mitsubishi are pooling together $200 million for a new mobility tech fund.<br />According to three sources, the major carmakers are looking to adapt as the automotive industry shifts towards mobility.<br />Since startups are beginning to develop new means for personal mobility, and not vehicular travel, the Renault, Nissan, and Mitsubishi will act as a consortium.<br />A major announcement for the plan is slated for the CES tech industry show in mid-January. <br />

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