EVs won over early adopters, but mainstream buyers aren't along for the ride yet
10 months, 2 weeks ago

EVs won over early adopters, but mainstream buyers aren't along for the ride yet

NPR  

EVs won over early adopters, but mainstream buyers aren't along for the ride yet Enlarge this image toggle caption Jeff Kowalsky/AFP via Getty Images Jeff Kowalsky/AFP via Getty Images Bad headlines for electric vehicles have been piling up lately. Even Tesla, the all-electric juggernaut that has shaped the rise of EVs in the U.S., warned investors that it's in between "growth waves" and has a quieter year ahead. The CEO of Hertz says the company "may have been ahead of ourselves" in how quickly it moved toward EVs — but maintains it's the right long-term plan. Then it reaches the "early adopters" — people who like to buy gadgets and aren't afraid of trying something new. In a recent interview with NPR, the CFO of Volkswagen Group, Arno Antlitz, emphasized "flexibility" and "compromise" when he talked about the company's plan to build EVs.

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History of this topic

Honda-Nissan merger: EV boom cutting off auto giants' vroom?
3 days, 18 hours ago

Honda-Nissan merger: EV boom cutting off auto giants' vroom?

India Today  

Two of the world’s giant carmakers, Nissan and Honda, are taking steps towards a merger. While Honda’s net profit slumped by 19.7 per cent, Nissan’s fell drastically by 93.5 per cent. Rise of EVs “Electric car sales keep rising and could reach around 17 million in 2024, accounting for more than one in five cars sold worldwide," the Global EV …

EU automakers offer deals to boost EV sales
Trending News
5 days, 18 hours ago

EU automakers offer deals to boost EV sales

China Daily  

By EARLE GALE in London | chinadaily.com.cn | Updated: 2024-12-18 02:32 Europe's electric vehicle, or EV, makers are offering deals to try to boost sales and avoid 15 billion euros of fines that could be heading their way if they fail to meet new quotas set by the European Union. With the bloc insisting, as of Jan 1, 2025, that …

EU automakers offer deals to boost EV sales
Trending News
5 days, 18 hours ago

EU automakers offer deals to boost EV sales

China Daily  

Europe's electric vehicle, or EV, makers are offering deals to try to boost sales and avoid 15 billion euros of fines that could be heading their way if they fail to meet new quotas set by the European Union. With the bloc insisting, as of Jan 1, 2025, that at least 20 percent of cars sold by Europe's automakers are …

Number of petrol cars on the road has PEAKED this year - a 'seismic shift' to EVs is coming, experts say
2 weeks, 4 days ago

Number of petrol cars on the road has PEAKED this year - a 'seismic shift' to EVs is coming, experts say

Daily Mail  

A 'genuine landmark' has been achieved this year with 18.7million petrol cars on the road. Auto Trader's latest motoring forecast is for volumes of cars running on unleaded will steadily decrease from 2025 onwards, tumbling to just 11.1million units by 2034 - a decline of 40 per cent. Petrol cars on the road have PEAKED: Auto Trader says numbers will …

The EV Buyer’s Guide to an Uncertain Future
1 month ago

The EV Buyer’s Guide to an Uncertain Future

Wired  

It’s a confusing time to be a prospective electric vehicle buyer. Power earlier this year that they’re “overall likely” to consider going electric; 24 percent said they were “very likely.” EVs are definitely better for the environment, they generally cost less to maintain and fuel, and drivers report they’re very fun behind the wheel. Reuters first reported that officials with …

The withering dream of a cheap American electric car
1 month, 1 week ago

The withering dream of a cheap American electric car

Live Mint  

The dream of a $25,000 electric vehicle for U.S. drivers is in trouble. Musk isn’t alone in taking a sour view of making a cheap EV for the U.S. “That market sucks,” Peter Rawlinson, chief executive of Lucid Motors, told me and my colleague Christopher Mims for our new podcast, called “Bold Names.” Lucid which has begun taking orders for …

Car makers slash new EV prices by up to a THIRD in desperate bid to meet binding end-of-year sales targets
1 month, 1 week ago

Car makers slash new EV prices by up to a THIRD in desperate bid to meet binding end-of-year sales targets

Daily Mail  

Car makers are offering record discounts on new electric vehicles in a desperate bid to invigorate demand as binding end-of-year sales targets looming, data suggests. New data from Auto Trader suggests some car makers falling short of EV sales targets are slashing prices by amounts similar to fines they'll face it they don't meet the required quota The biggest discount …

Best used electric cars 2024: Top 10 second-hand EVs to buy
1 month, 1 week ago

Best used electric cars 2024: Top 10 second-hand EVs to buy

The Independent  

Now is the perfect time to buy a secondhand EV – and with sales of used electric cars growing faster than new EV sales right now, it’s easy to see why. Tesla Model 3: From £12,000, Tesla.com Best: For tech and charging open image in gallery Tesla Model 3 Independent rating: 8/10 Pros: Quick, great tech, strong range, Supercharger network …

New petrol car sales tumble while EVs rise as manufacturers push electric vehicles with targets looming
Trending News
1 month, 2 weeks ago

New petrol car sales tumble while EVs rise as manufacturers push electric vehicles with targets looming

Daily Mail  

New car sales fell by 6 per cent in October, marking only the second time registrations have gone into reverse this year. UK new car sales fell by six per cent in October, the second time the new car market has shrunk this year In October, businesses, fleet and private buyers registered 144,288 new passenger cars, the latest figures from …

How electric car sales have slumped around the world
1 month, 3 weeks ago

How electric car sales have slumped around the world

Daily Mail  

Electric vehicles have been touted as an environmentally-friendly solution to the climate crisis, giving passengers a smooth, emissions-free ride. Meanwhile, Chinese car manufacturer BYD – the world's largest seller of electric vehicles – saw global EV sales crash earlier this year. Electric vehicles run on energy from a charged battery much like a smartphone but come with hefty pricetags – …

Tesla suffers first drop in UK sales since 2013
2 months, 1 week ago

Tesla suffers first drop in UK sales since 2013

The Telegraph  

Tesla’s UK revenues have fallen for the first time in more than a decade as Elon Musk’s electric car company grapples with a slowdown in demand. The drop in sales brings the company’s recent momentum to a halt in the UK, where it has enjoyed constant sales growth since 2013. Mr Musk’s business is also facing questions about its ageing …

Will new incentives smoothen the EV ride?
2 months, 2 weeks ago

Will new incentives smoothen the EV ride?

Live Mint  

The ₹10,900 crore PM E-DRIVE scheme, launched last month to accelerate electric vehicle adoption, comes as the auto sector faces new growth challenges. Read this | India changes gears to a new EV policy focus In the first half of 2024-25, the top 15 districts accounted for 21% of total four-wheeler registrations. Of these, 13 saw a decline in non-EV …

Electric car demand slumps to four-year low
2 months, 3 weeks ago

Electric car demand slumps to four-year low

The Telegraph  

Interest in electric cars has slumped to its lowest level for four years as an increasing number of drivers say they will stick with petrol-powered vehicles. Figures from the Department for Transport show that just 13pc of all drivers plan to buy a fully electric car as their next vehicle. The DfT’s Future of Transport programme regularly surveys the public …

GM delays Indiana EV battery factory amid weak US market growth, seals joint venture deal with Samsung
3 months, 3 weeks ago

GM delays Indiana EV battery factory amid weak US market growth, seals joint venture deal with Samsung

Live Mint  

Production at an electric vehicle battery cell plant jointly run by General Motors and Samsung SDI has been delayed as EV sales have slowed in the U.S. The companies finalized their agreement Tuesday to jointly run the new factory in New Carlisle, Indiana, near South Bend, but said production would not start until 2027. The project is GM’s fourth joint …

GM delays Indiana electric vehicle battery factory but finalizes joint venture deal with Samsung
3 months, 3 weeks ago

GM delays Indiana electric vehicle battery factory but finalizes joint venture deal with Samsung

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ …

Indians who prepaid $1,000 to order Tesla EVs ask for their money back as cars fail to arrive
4 months, 1 week ago

Indians who prepaid $1,000 to order Tesla EVs ask for their money back as cars fail to arrive

The Hindu  

In April 2016, Elon Musk invited Indians to preorder the upcoming Tesla Model 3. To woo automakers like Tesla while also protecting domestic carmakers like Mahindra and Maruti Suzuki, India reduced its import duties to 15% from 70%-100% in March 2024 for EVs cheaper than $35,000 — as long the automaker commits to building a factory in the country within …

Indians wanting their money back for undelivered Teslas shows how drastically the EV market changed
4 months, 1 week ago

Indians wanting their money back for undelivered Teslas shows how drastically the EV market changed

Associated Press  

HANOI, Vietnam — In April 2016, Elon Musk invited Indians to preorder the upcoming Tesla Model 3. To woo automakers like Tesla while also protecting domestic carmakers like Mahindra and Maruti Suzuki, India reduced its import duties to 15% from 70%-100% in March 2024 for EVs cheaper than $35,000 — as long the automaker commits to building a factory in …

Switch to electric cars may take ‘longer than anyone expects’
4 months, 1 week ago

Switch to electric cars may take ‘longer than anyone expects’

The Telegraph  

The switch to electric cars risks taking far longer than hoped as demand stalls in Europe and America, the boss of one of the world’s biggest parts suppliers has warned. Liam Butterworth, chief executive of GKN Automotive parent Dowlais, said the scrapping of electric vehicle tax breaks in countries such as Germany had triggered a sales slowdown that was reverberating …

New car sales continue to rise but likelihood of achieving electric vehicle targets looks bleak
4 months, 2 weeks ago

New car sales continue to rise but likelihood of achieving electric vehicle targets looks bleak

Daily Mail  

Last month saw a 2.5 per cent increase in the numbers of new cars delivered to customers compared to July 2023 - the 24th consecutive month of growth for the sector as it continues on a road to recovery following the pandemic. But while registrations are continually growing, the likelihood of car makers achieving electric vehicle sales targets looks bleaker …

Seven in ten electric vehicles will be stung with the additional £410-a-year 'luxury car' premium tax when VED exemption ends next year
4 months, 4 weeks ago

Seven in ten electric vehicles will be stung with the additional £410-a-year 'luxury car' premium tax when VED exemption ends next year

Daily Mail  

The end of electric vehicle car tax exemptions from next year could kill off demand for greener cars in Britain, a new report is warning. Auto Express said it will 'create further cost barriers' preventing the switch to battery cars In the Autumn Budget of 2022, former Chancellor Jeremy Hunt announced that electric cars will no longer be exempt from …

Porsche scraps electric car targets as demand slumps
5 months ago

Porsche scraps electric car targets as demand slumps

The Telegraph  

Porsche has abandoned its sales targets for electric vehicles amid waning demand from customers. It comes after a slew of rival car companies watered down plans for electric models, cast doubt on customer enthusiasm for the technology and expressed support for low-carbon alternatives to petrol known as e-fuels. “Our product strategy is set up such that we could deliver over …

Statewide EV sales growth sees a drop. Tesla, once a California darling, hit hard
5 months ago

Statewide EV sales growth sees a drop. Tesla, once a California darling, hit hard

LA Times  

When does a sales-growth downturn move from a temporary blip to a longer-term trend? After years of rapid expansion, electric vehicles sales growth in California trended down in the middle of last year and now has turned negative: 101,443 all-electric cars were registered in the state in 2024’s second quarter, down from 102,730 in the second quarter of 2023, a …

Electric cars: EV sales are slumping—but that doesn’t mean they're dead.
5 months, 1 week ago

Electric cars: EV sales are slumping—but that doesn’t mean they're dead.

Slate  

It’s tough to gauge how well the United States’ burgeoning electric vehicle industry is faring in 2024. EV ownership is increasingly politicized, in both directions—liberals horrified by Elon Musk’s far-right turn are fueling the Tesla sales slump, while right-wingers fearmonger over foreign EV companies and want to get electric cars off the road altogether. You can see this in the …

Rough road ahead for U.S. EVs despite upbeat quarterly sales
5 months, 2 weeks ago

Rough road ahead for U.S. EVs despite upbeat quarterly sales

The Hindu  

Better-than-expected U.S. electric-vehicle sales in the second quarter brought relief to investors after a sharp slowdown in demand triggered by high interest rates, but EV makers still face obstacles ahead. EV sales globally are expected to rise to 16.6 million vehicles annually, from 13.7 million in 2023, according to the International Energy Agency, with China’s growth outpacing other regions. Tesla …

Early adopters, mainstream success, buyer’s remorse — where is the EV market headed?
6 months, 1 week ago

Early adopters, mainstream success, buyer’s remorse — where is the EV market headed?

LA Times  

The electric vehicle market is steeped in uncertainty. But one analyst says don’t fret: “Our long-term outlook for EVs remains bright.” That’s according to market researcher BloombergNEF, which released the 2024 version of its annual electric vehicle outlook report on Wednesday. Phillip Kampshoff, who leads McKinsey’s Center for Future Mobility in the Americas, said he’d seen EV sales as “a …

Many Americans are still shying away from EVs despite Biden’s push, an AP-NORC/EPIC poll finds
6 months, 2 weeks ago

Many Americans are still shying away from EVs despite Biden’s push, an AP-NORC/EPIC poll finds

Associated Press  

WASHINGTON — Many Americans still aren’t sold on going electric for their next car purchase. About 4 in 10 U.S. adults say they would be at least somewhat likely to buy an EV the next time they buy a car, according to the poll by The Associated Press-NORC Center for Public Affairs Research and the Energy Policy Institute at the …

China's new-energy sector draws interest of global investors
6 months, 4 weeks ago

China's new-energy sector draws interest of global investors

China Daily  

Tesla showcases its charging piles and electric vehicles at the 2023 Consumer Technology and Innovation Show on May 30 in Shanghai. Experts said China's fast-growing green technologies and its thriving new-energy market have heightened the country's magnetism for foreign investors, particularly auto firms keen on turbocharging the electrification trend. "The influx of investments by international carmakers has shed light on …

Japanese automaker Honda revs up on EVs, aiming for lucrative US, China markets
7 months, 1 week ago

Japanese automaker Honda revs up on EVs, aiming for lucrative US, China markets

Associated Press  

TOKYO — Japanese automaker Honda reaffirmed its commitment to electric vehicles Thursday, saying it will invest 10 trillion yen through fiscal 2031 to deliver EV models around the world, including the U.S. and China. The so-called “0 Series,” a key part of Honda’s EV strategy, will be a totally new EV series created from “zero,” Chief Executive Toshihiro Mibe told …

Car makers will miss Government target for electric vehicle sales this year, MPs told
7 months, 1 week ago

Car makers will miss Government target for electric vehicle sales this year, MPs told

Daily Mail  

Car manufacturers will miss a key Government target for electric vehicle sales for this year, MPs heard. At least 22 per cent of new cars and 10 per cent of new vans sold by major vehicle manufacturers in the UK in 2024 is required to be zero-emission – which in most cases means pure electric – under the Government's Zero …

Tesla reclaims lead in electric vehicle sales despite year-on-year dip
7 months, 1 week ago

Tesla reclaims lead in electric vehicle sales despite year-on-year dip

India TV News  

Tesla, led by Elon Musk reportedly regained the top position in BEV sales in the first quarter of 2024, despite a 9 per cent decline. A new report showed on Monday that Tesla will take the top spot in BEV sales with a 19 per cent market share in Q1. According to Counterpoint Research, among the top three OEMs, only …

When will EVs become mainstream in the US?
7 months, 1 week ago

When will EVs become mainstream in the US?

Al Jazeera  

Electric vehicle adoption ‘inevitable’ in US, but unclear how fast transition will happen, experts say. “That’s when we noticed this grant opportunity for electric vehicle charging stations.” In 2021, Native Sun received nearly seven million dollars from the US Department of Energy to build a network of charging stations between 23 reservations in Minnesota, South Dakota and North Dakota — …

China's EV industry driving global green development
7 months, 2 weeks ago

China's EV industry driving global green development

China Daily  

SHI YU/CHINA DAILY Certain US and European politicians have been pointing fingers at China's electric vehicle industry. However, it is absurd for them to criticize China's EV sector, which plays a significant role in driving global green development. BEVs and plug-in hybrid EVs represented 15.8 percent of global light vehicle sales last year, with China boasting the highest market share …

Car makers slash EV sales forecast for 2024 as public demand plummets
7 months, 2 weeks ago

Car makers slash EV sales forecast for 2024 as public demand plummets

Daily Mail  

New car registrations in the UK grew for the 21st consecutive month in April, rising by 1 per cent, the latest figures from the Society of Motor Manufacturers and Traders show. While BEV growth helped new car registrations rise in April, new BEV sales forecasts for 2024 are below ZEV mandate requirements New car registrations continued to grow for the …

2024 sees record start to year for electric vehicle sales
7 months, 2 weeks ago

2024 sees record start to year for electric vehicle sales

The Independent  

Sign up to the Independent Climate email for the latest advice on saving the planet Get our free Climate email Get our free Climate email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Sales of electric vehicles have got off to a record start this year, the latest …

Crisis or opportunity: traditional automakers in EV race
7 months, 3 weeks ago

Crisis or opportunity: traditional automakers in EV race

China Daily  

A BYD vehicle on display during an expo in Paris, France. Delving into the changing global auto industry landscape, the article analyzes the challenges facing established automakers like Toyota and the advantages of emerging players, and provides insights into the future development of the industry. Toyota, the reigning champion of gasoline vehicles, has actively downplayed EVs and even hindered the …

Crisis or opportunity: traditional automakers in EV race
7 months, 3 weeks ago

Crisis or opportunity: traditional automakers in EV race

China Daily  

A BYD vehicle on display during an expo in Paris, France. Delving into the changing global auto industry landscape, the article analyzes the challenges facing established automakers like Toyota and the advantages of emerging players, and provides insights into the future development of the industry. Toyota, the reigning champion of gasoline vehicles, has actively downplayed EVs and even hindered the …

China continues to drive global EV expansion
7 months, 4 weeks ago

China continues to drive global EV expansion

China Daily  

The BYD EV Dolphin Mini is displayed as the Chinese electric-vehicle producer announces the launch of the low-cost EV in Mexico City, Mexico on Feb 28. Newly published figures in the International Energy Agency's annual Global Electric Vehicle Outlook show that in the first quarter of 2024, sales grew by around 25 percent compared to the same period last year, …

Global car brands need to catch up, says expert
7 months, 4 weeks ago

Global car brands need to catch up, says expert

China Daily  

Xu Changming, an expert at the State Information Center, gives a speech at the seminar organized by Auto Star Works on April 23, 2024. International carmakers need to make "major changes" to stay competitive in China, the world's largest vehicle market, said Xu Changming, an expert at the State Information Center. Also, the State Information Center's survey show that those …

IEA says global EV demand 'motoring along' as sales tipped to be one-in-five in 2024
8 months ago

IEA says global EV demand 'motoring along' as sales tipped to be one-in-five in 2024

ABC  

In short: The International Energy Agency predicts EV uptake could surge in 2024 to about one-in-five new car sales. The International Energy Agency predicts EV uptake could surge in 2024 to about one-in-five new car sales. By comparison, the IEA said the share of new car sales that were forecast to be electric in Europe and the US was 25 …

Electric cars sold at record discounts as demand plunges
8 months ago

Electric cars sold at record discounts as demand plunges

The Telegraph  

It suggests dealers are being forced to slash prices to stimulate a significant number of sales, amid a slowdown in demand for electric vehicles globally. Under the so-called zero emissions vehicle mandate imposed by the Government, 22pc of vehicles sold by major car makers must be electric in 2024 – a proportion that will continue to rise until a complete …

Is the global EV bubble bursting? As global demand starts to slow, share prices tank and Tesla cuts 10% of the workforce....are car giants ready to slam the brakes on electric revolution?
8 months, 1 week ago

Is the global EV bubble bursting? As global demand starts to slow, share prices tank and Tesla cuts 10% of the workforce....are car giants ready to slam the brakes on electric revolution?

Daily Mail  

Elon Musk's announcement that Tesla will lay off ten percent of its workforce shocked many but it may be inline with figures that suggest the global demand for electronic vehicles is slumping across the world. In the first quarter of 2024, the two biggest manufacturers of electronic vehicles, Tesla and its Chinese rival BYD reported dramatic sales drops compared against …

America's electric vehicle push happened 'too soon and too fast,' warn ex-auto executives - but former Big Three boss Bob Lutz insists hybrids ARE the future
8 months, 1 week ago

America's electric vehicle push happened 'too soon and too fast,' warn ex-auto executives - but former Big Three boss Bob Lutz insists hybrids ARE the future

Daily Mail  

Ex-automotive executives have said America's electric vehicle push happened 'too soon and too fast', amid slumping EV sales. Former Ford, Chrysler and General Motors executive Bob Lutz said that the drive toward electric cars needed to be gradual, and vehicle charging times and the charging infrastructure across the US have been major issues in widespread adoption. Ex-Chrysler Chairman and CEO …

The EV market is in trouble: The latest sign is Tesla’s layoffs
8 months, 1 week ago

The EV market is in trouble: The latest sign is Tesla’s layoffs

LA Times  

The Tesla Cybertruck is the first new electric vehicle the company has released in several years. The financial difficulties at Fisker, the Manhattan Beach electric vehicle startup, became so severe, its stock price so battered, that it’ll get kicked off the New York Stock Exchange on April 22, or, more formally, be “delisted.” The big question is whether current conditions …

Poll shows automakers are ignoring the FOUR things shoppers want from electric cars
8 months, 2 weeks ago

Poll shows automakers are ignoring the FOUR things shoppers want from electric cars

Daily Mail  

Manufacturers like Ford, GM and Toyota are not meeting the expectations of EV shoppers in four key areas, new research reveals. Shoppers want lower prices, higher ranges, electric SUVs and cars rather than the trucks makers have focused on, and more EVs from trusted brands like Toyota, according to a poll by Edmunds. EV shoppers want prices far below current …

Demand for electric cars slows sharply as customers revert to petrol
8 months, 2 weeks ago

Demand for electric cars slows sharply as customers revert to petrol

The Telegraph  

Electric car demand has slowed sharply in a sign that drivers are turning back to petrol. The market share of battery electric vehicles declined last month, the Society of Motor Manufacturers and Traders said. What gains EVs did achieve in March were driven entirely by fleet and business purchases, with sales to ordinary drivers dropping, the SMMT said. Concerns about …

Tesla sales tumble nearly 9%, most in 4 years, as competition heats up and demand for EVs slows
8 months, 3 weeks ago

Tesla sales tumble nearly 9%, most in 4 years, as competition heats up and demand for EVs slows

Associated Press  

DETROIT — Tesla sales fell sharply last quarter as competition increased worldwide, electric vehicle sales growth slowed, and price cuts failed to lure more buyers. But TD Cowen Analyst Jeffrey Osborne wrote in a note to investors that weaker March sales indicate that incentives, including discounts and a free trial of “Full Self Driving” software, “did not work as demand …

Hybrid cars can act as a bridge to carbon-free mobility
8 months, 3 weeks ago

Hybrid cars can act as a bridge to carbon-free mobility

Live Mint  

For all the policy promotion of electric vehicles, their sales figures in India have been a disappointment as far as four-wheelers go. This may explain why transport minister Nitin Gadkari has sent a proposal to the finance ministry, as reported, to place hybrids in the same 5% GST bracket as EVs. It may be time, however, to incentivize hybrids too …

EV sales slowdown: Goldman Sachs predicts bear-case scenario for 2024
8 months, 3 weeks ago

EV sales slowdown: Goldman Sachs predicts bear-case scenario for 2024

Hindustan Times  

A Goldman Sachs research report on electric vehicles says the EV uptake is at a turning point, and hybrids and plug-in hybrids are giving tough competition. Goldman Sachs report says this is due to concerns about three factors: EV capital cost due to lower prices of used EVs, poor visibility on government policy visibility, and a shortage of rapid charging …

EV sales slowdown: Goldman Sachs predicts bear-case scenario for 2024
8 months, 3 weeks ago

EV sales slowdown: Goldman Sachs predicts bear-case scenario for 2024

Hindustan Times  

A Goldman Sachs research report on electric vehicles says the EV uptake is at a turning point, and hybrids and plug-in hybrids are giving tough competition. Goldman Sachs report says this is due to concerns about three factors: EV capital cost due to lower prices of used EVs, poor visibility on government policy visibility, and a shortage of rapid charging …

Japan’s Nissan promises an aggressive electrification push to cut costs and boost global sales
8 months, 4 weeks ago

Japan’s Nissan promises an aggressive electrification push to cut costs and boost global sales

Associated Press  

TOKYO — Nissan will expand its electric vehicle lineup, develop more powerful batteries and cut production costs, while speeding up the whole process, in what the Japanese automaker’s chief called “The Arc” pathway to higher sales by 2030. Last year, Nissan Motor Co. sold nearly 3.4 million vehicles around the world, up about 5% from the previous year. Nissan plans …

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