Nissan, Renault, M'bishi to set up advanced tech development company

TOKYO - Nissan Motor Co., Renault SA and Mitsubishi Motors Corp. agreed to set up a new company to jointly develop advanced technologies for next-generation vehicles, as the alliance seeks to bolster their cooperation after its leader Carlos Ghosn was ousted, sources familiar with the mater said Sunday.Engineers from the three automakers will focus on studying artificial intelligence and other key technologies at the new company, and its operation scale and other details will be announced by the end of January, the sources said.Nissan and Renault are jointly working on development of platfo…READ FULL ARTICLE