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Nissan Outlines a Big $18 Billion Electric Vehicle Strategy.

Nissan intends to release 23 new models by 2030, 15 of which will be battery-only.

Nissan Motor Co. intends to play a potentially powerful role in the world of electric mobility, investing nearly two trillion yen (around $17.6 billion) over the next five years to provide customers around the world with additional battery-powered options. Nissan’s ultimate goal is to make its electric vehicles the focal point of the company’s product lineup.

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Nissan Electric car
Nissan Electric car

Nissan Leaf was one of the first electric vehicles on the market in several areas, and the Japanese automaker is planning to expand its battery-powered lineup with as many as 23 new models by 2030. There will be 15 all-electric vehicles in all. “With electrification, we have a ten-year head start on our competition.” “We’ll take use of our experience and invest more to accelerate the transformation,” said CEO Makoto Uchida. “The time has come for us to change our attention from business transformation to building the future.”

Nissan Motor Co. intends to play a potentially powerful role in the world of electric mobility, investing nearly two trillion yen (around $17.6 billion) over the next five years to provide customers around the world with additional battery-powered options. Nissan’s ultimate goal is to make its electric vehicles the focal point of the company’s product lineup.

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Nissan Leaf was one of the first electric vehicles on the market in several areas, and the Japanese automaker is planning to expand its battery-powered lineup with as many as 23 new models by 2030. There will be 15 all-electric vehicles in all. “With electrification, we have a ten-year head start on our competition.” “We’ll take use of our experience and invest more to accelerate the transformation,” said CEO Makoto Uchida. “The time has come for us to shift our focus from business transformation to future creation.”

For the time being, all eyes will be on the Ariya SUV, which has already been shown to the globe and is preparing for an official introduction in a few markets. However, many believe that staying strong may be the best strategy for automakers, as volume plays a significant role in deciding success in the electric area, which is presently led by Tesla. Others, though, such as Volkswagen, GM, Toyota, and Honda, have big intentions to become electric.

Nissan Electric car
Nissan Electric car

Nissan does not want to be left behind.

The marketplaces in the United States and the United Kingdom are critical. Nissan has revealed plans for a $1.4 billion electric vehicle centre in the United Kingdom. According to sources, the business intends EVs to account for 75 percent of its European sales by 2025. Japan has a rate of 55 percent, China has a rate of 40 percent, and the United States has a rate of 40 percent.

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India, on the other hand, may have to wait longer for a Nissan EV, as the firm has only lately resurrected itself thanks to the Magnite sub-compact SUV. The car, which will be released in late 2020, has reached 30,000 deliveries, with the order book presently at over 70,000, according to the business.

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