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Three-year agreement will expand Alliance Ventures’ reach in China and provide Plug and Play start-ups with access to the world’s largest automotive alliance
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Partnership will add to Alliance Ventures’ efforts to remain at the cutting edge of next-generation systems for the automotive industry
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Alliance Ventures will invest up to $1 billion by 2022 to support open innovation
- Renault and Nissan have established a new Research & Development hub in China, complementing their joint innovation labs in Silicon Valley, USA and Tel Aviv, Israel
- The new lab in Shanghai is focused on developing technology for autonomous drive, connected and electric vehicles
- The facility will enable the companies to leverage open innovation opportunities with Chinese start-ups and other partners
- Technologies developed in Shanghai will be leveraged globally by Renault and Nissan
Nico fought through an eventful first lap, managed his tyres well and was able to take advantage of a safety car period for his second stop to be in the fight for the positions ahead come the end of the 56-lap race. Carlos fought a similar race to finish ninth, also challenging for the position ahead on the final lap.
World’s leading Automotive Alliance to explore future business opportunities with global transportation company