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 to launch 34 EV models from fiscal 2024 through fiscal 2030, so that EVs will account for 40% of its global offerings by fiscal 2026, and 60% by the end of the decade. Nissan’s offerings of new EVs, plug-ins and hybrids will increase across all global markets, including the U.S., Europe, Japan, the rest of Asia, Australia and Africa, Uchida said.

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