Nissan Motor is speeding up its shift toward electric vehicles (EVs), especially in Europe where emissions regulations are most stringent, the company said.
The company also said it will increase power train production in the United States, as it looks to catch up in a segment dominated by newer carmakers.
The Japanese carmaker was a pioneer in electric vehicles (EVs) with its all-battery-powered Leaf but has struggled alongside many legacy automakers in the face of increasing competition from nimbler new entrants, such as Tesla and BYD.
Nissan now aims to have electrified vehicles – which include its advanced hybrid e-power cars – make up more than 55 per cent of global sales by fiscal 2030, from a previous goal of 50 per cent, it said.
File being prepared for DPP over insider trading
Christmas tech for kids: great gift ideas with safety features for parental peace of mind
MenoPal app offers proactive support to women going through menopause
Ezviz RE4 Plus review: Efficient budget robot cleaner but can suffer from wanderlust under the wrong conditions
In Europe, it will make practically all its offerings electric or series-hybrids by fiscal 2026, at 98 per cent. That is up from the previous target of 75 per cent.
Nissan said it plans 27 new electrified vehicles globally by 2030, 19 of which will be all-battery EVs. That compared with its previous plan of 23 electrified vehicles including 15 all-battery EVs.
In the US, in addition to EV production at its Smyrna, Tennessee plant, Nissan plans to build electric power trains at its Decherd plant in the same state to help it meet requirements for the Inflation Reduction Act, chief operating officer Ashwani Gupta said on Monday.
Nissan is confident it will be in compliance with the Act, due to the localisation, starting calendar year 2026, Mr Gupta said in an online briefing. – Reuters/ AP
