The group's plan also includes introducing 40 vehicles with varying levels of autonomy.
The targets were announced as part of a new strategic plan by the alliance after its takeover of Mitsubishi past year. Renault, Nissan and Mitsubishi have sold almost 10 million vehicles in 2016, and Mr. Ghosn has estimated that se sales would be approximately 10.5 million units this year.
Moreover, it will roll out 12 new pure electric vehicles by 2022 with 30 per cent decrease in battery cost from 2016 to 2022.
The alliance was light on specifics but confirmed plans to launch a new B-segment platform for mid-sized vehicles as well as a new EV platform with "advanced autonomous drive capability".
"By the end of our strategic plan Alliance 2022, we aim to double our annual synergies to €10 billion". He said two new platforms would join the alliance's CMF common architecture, one for compact cars such as the Micra, Clio and Captur crossover and one for electric vehicles, likely shared between the next generation of Renault Zoe and Nissan Leaf.
Point one involves developing four common platforms that would together underpin nine million cars, making up for 75% of the alliance's total sales.
The combined global sales of Renault, Nissan Motor and Mitsubishi Motors will reach a total of 14 million units by 2022, according to a midterm business plan unveiled on Friday.
The automakers plan to release their first fully autonomous vehicle, requiring no human driver at all, in about five years.
Carlos Ghosn, chairman and chief executive officer of the Alliance, said, "This plan will boost the growth and profitability of our member companies". In the first half of 2017, their volumes increased by 7 per cent year-on-year to 5.27 million units, while sales of electric vehicles crossed a total of over 5 lakh units.
The projected sales target would take Renault-Nissan's annual revenues to around $240 billion. However, it did specify that it will launch four shared platforms with the aim of producing over 9 million vehicles on them. This will be achieved partially by contributions from Mitsubishi Motors, specifically through deeper localisation, joint plant utilisation, common vehicle platforms, and an expanded presence in mature and emerging markets.
On the topic of electric vehicles, a new family of electric motors and batteries will be introduced in 2020.
It also said it is seeking to be a "key operator" of driverless ride-hailing services and to provide autonomous vehicles for public transit and car-sharing.
Levine and Prinsloo got married in 2014 in San José del Cabo, Mexico, subsequent to getting drew in a year prior. The gorgeous model has confirmed that she is pregnant again and their family of three will turn four next year.
The network has a history of suspending or firing people who cross the line politically, but Hill's fate remains unclear. The controversy following Hill's tweets has even sparked debate among sports analysts, New York Daily News reports.
Israel's leader on Wednesday said his country supports Kurdish independence ahead of a key referendum on the matter. But the statement said Israel "supports the legitimate efforts of the Kurdish people to attain a state of its own".
The administration also faces an October 15 deadline to certify whether Iran remains in compliance with the nuclear deal. The three-month recertification deadlines determine the status of sanction relief under the agreement.
Parekh called it a violation of the 2003 ceasefire accord between the nuclear rivals, both of who claim Kashmir in its entirety. The 32-year-old Bahadur hailed from Vidya Bhawan Naraypur village in Uttar Pradesh's Balia district.
Windsor met Thea Spyer , at the time already a clinical psychologist, at Greenwich Village restaurant Portofino in 1963. The marriage was over within a year, and Windsor moved to NY and eventually became immersed in the gay community.
The Tamil version has received 2.5 lakh views on YouTube where the Telugu version has already received close to 6.5 lakh hits. It is a spy thriller and directed AR Murugadoss and shown all that would typically go in an Indian spy thriller.
He also said an extension to the cartel's cuts was possible since volumes of oil stocks were still a challenge. In August, OPEC's total crude oil production eased by 79,000 b/d, to average nearly 32.8 million b/d.
Trump says alongside Scott and other Florida officials that he knows "at a certain point it ends for you and we can't let it end". Trump was to arrive in Fort Myers, where he's scheduled to meet with local officials and receive a briefing on relief efforts.
US Congress sends anti-white supremacist resolution to Trump
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Terrorist Abu Ismail Killed by Indian Forces
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Washington school shootout: one student killed
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Best bets for GGG-Canelo fight
I was never with Golovkin. "I rate Canelo as pound for pound the best fighter in the world now that Mayweather has retired again". Golden Boy Promotions, which handles Alvarez, waited patiently for the fight to build up to where it is now.
5 dead at nursing home after Irma cuts power
Bill Nelson called the six deaths in Hollywood "an inexcusable tragedy" and called on authorities to get to the bottom of it. The fuse needed to maintain the air-conditioning unit was broken as Hurricane Irma passed through the area.
Paris for 2024, Los Angeles for 2028
Paris will site events across iconic venues, and will build an Olympic Village along the Seine River at Saint-Denis. At the time, they committed to working out a deal that culminated with each city getting an Olympics on Wednesday.
Narendra Modi to hold road show with Shinzo Abe in Ahmedabad
The most important ones are that yesterday ie PM Modi and Shinzo Abe are laying the foundation of the bullet train project. It was in 2006 that India and Japan agreed to hold annual summits between the prime ministers of the two countries.