Mitsubishi Motors

Renault-Nissan-Mitsubishi bets on spike in electric cars

The Renault-Nissan-Mitsubishi alliance is gambling that mass-market drivers are going to pivot soon to electric cars, announcing plans Friday to produce 12 new electric models by 2022 and to make electric cars 30 percent of its overall output.

The carmakers — who collectively sold more vehicles than any other company in the world in the first half of this year — also announced plans to make "robo-taxis," driverless public transport vehicles and autonomous cars aimed at middle-class consumers.

The announcements are part of an overall strategic plan released Friday, aimed at taking advantage of the alliance's growing reach after taking over Mitsubishi last year to...