Nissan, Renault and Mitsubishi have joined forces to deliver dozens of EVs by 2030. The first will be the Nissan Micra EV, a compact, retro-styled hatchback manufactured in Renault’s ElectriCity center in France.

Related: Eleven awesome EVs you can’t buy in America

We have no details on when the Nissan Micra EV will launch or what kind of technical capacities it will have. However, you can see how it looks in the teaser video below.

Three middleweight car companies cooperating might be the winning strategy to compete against the auto-giants like Ford, GM, or Volkswagen. The Renault-Nissan-Mitsubishi Alliance aims to benefit all its partners by setting big goals, building big factories, and making big investments.

See also: Nissan to roll out 15 electric cars by 2030

Today, the alliance announced plans to invest 23 billion euros over the next five years to fund an aggressive electrification strategy. Some of that money will go towards Nissan’s plans to develop new, solid-state battery technology.

Overall, the companies plan to release thirty-five electric vehicles by 2030, with 90% of them being built on five common EV platforms.

“Today the Alliance is accelerating to lead the mobility revolution and deliver more value to customers, our people, our shareholders and all our stakeholders. The three companies have defined a common roadmap towards 2030. These are massive investments that none of the three companies could make alone.”

-Jean-Dominique Senard, Chairman of the Alliance

Additionally, they highlighted plans for all three auto-manufacturers to be fully carbon neutral by 2050. Of course, time will tell if three heads are better than one when it comes to going green. But this is a promising start.