Visiting the Arts et Métiers ParisTech, Carlos Ghosn recently spoke with graduate students about the future of the industry. ParisTech is a leading engineering and research graduate school often considered a member of the French ivy league. Ghosn, CEO of Nissan-Renault, studied for years in Paris, so he decided to come back and have a lively discussion with students, by facilitating a Nissan ParisTech visit.
According to Nissan, the Nissan-Mitsubishi partnership was one of the major topics of the Nissan PartisTech visit. Ghosn, who is now a chair member for Mitsubishi, explained that Nissan-Renault and Mitsubishi have worked together for years, yet these were mostly in one-off deals. Now, the two can partner to develop new technologies, forming a massive research team.
“There are two reasons why we decided to take 34% of Mitsubishi,” said Ghosn, “first, for a strategic reason, and then for a financial reason…It is an industry of scale, which is to say that an automaker that is bigger than another automaker has an advantage.”
Students also asked the Nissan-Renault CEO about the surge of autonomous vehicle technologies. Nissan hopes to complete the second stage of its self-driving technologies by 2018, releasing fully-autonomous vehicles by 2020. Though a long way off, this could redefine the entire industry.
This visit is just one of the many ways Nissan is trying to get students more excited about the auto industry, paving the way for future industry leaders.