Twelve car makers, including the Renault-Nissan-Mitsubishi alliance, are teaming up with China's Didi Chuxing for an electric vehicle (EV) car-sharing service. Didi, which acquired Uber's China business in 2016, plans to build an "open new-energy car-sharing system" for users via an app-based system. Car makers worldwide are racing to be part of the car-sharing sector, as it threatens to disrupt their traditional industrial model based on individual ownership. The Renault-Nissan-Mitsubishi group will invest just $1.2 billion1bn over five years to adapt to the changes. Other car makers in the Didi network include BJEV, KIA Motors and Ford partner Changan Automobile Group.
Twelve car makers, including the Renault-Nissan-Mitsubishi alliance, are teaming up with China's Didi Chuxing for an electric vehicle (EV) car-sharing service. Didi, which acquired Uber's China business in 2016, plans to build an "open new-energy car-sharing system" for users via an app-based system. Car makers worldwide are racing to be part of the car-sharing sector, as it threatens to disrupt their traditional industrial model based on individual ownership. The Renault-Nissan-Mitsubishi group will invest up to $1bn over five years to adapt to the changes. Other car makers in the Didi network include BJEV, KIA Motors and Ford partner Changan Automobile Group.