The alliance partners, together with Mitsubishi, are expected to launch more than 30 new full-electric models by 2030 on five common platforms and invest more than $23 billion on EVs.

Selling part of its 43 percent stake in Nissan could raise billions and ease long-standing tensions between the alliance partners.

The alliance says the partners will jointly launch 35 new EVs over the next five years. And they will pursue a common strategy to secure global battery production capacity of 220 gigawatt-hours by 2030.

As part of the push, Renault will lead development of a common centralized electrical and electronic architecture and will introduce its first "full software defined vehicle" by 2025.