• Home
  • Auto
  • Auto News
  • Nissan Aims to Boost Global EV Sales, Amplify Production in the US

Nissan Aims to Boost Global EV Sales, Amplify Production in the US

he EV mix will increase to 44 percent by fiscal 2026 from an earlier target of 40 percent, Nissan said.

Nissan Aims to Boost Global EV Sales, Amplify Production in the US

Nissan aims to have electrified vehicles make up over 55 percent of global sales by fiscal 2030

Highlights
  • The EV mix will increase to 44 percent by fiscal 2026
  • Nissan was pioneer in EVs with its all-battery-powered Leaf
  • The automaker plans 27 new electrified vehicles by 2026
Advertisement

Nissan Motor on Monday raised its electrified car sales goals and said it would boost power train production in the United States, as it looks to catch up in a segment dominated by newer automakers such as Tesla.

The Japanese automaker 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.

Nissan now aims to have electrified vehicles — which include its advanced hybrid e-power cars — make up over 55 percent of global sales by fiscal 2030, up from a previous goal of 50 percent, it said.

The EV mix will increase to 44 percent by fiscal 2026 from an earlier target of 40 percent, Nissan said.

The automaker plans 27 new electrified vehicles by that year, 19 of which will be all-battery EVs, it said in a statement. That compared with its previous plan of 23 electrified vehicles including 15 all-battery EVs.

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.

The company is looking into adding a second source of batteries produced in the US, he said, which would contribute towards existing supply from Envision AESC. Nissan is confident it will be in compliance with the Act due to the localisation of battery production starting from 2026.

"IRA is challenging, but on the other side, it's an opportunity to accelerate the competitive electrification," he said in an online briefing.

© Thomson Reuters 2023


What are the best smartphones you can buy in India in 2022? We discuss this on Orbital, the Gadgets 360 podcast. Orbital is available on Spotify, Gaana, JioSaavn, Google Podcasts, Apple Podcasts, Amazon Music and wherever you get your podcasts.
 
Affiliate links may be automatically generated - see our ethics statement for details.
Comments

For the latest tech news and reviews, follow Gadgets 360 on X, Facebook, WhatsApp, Threads and Google News. For the latest videos on gadgets and tech, subscribe to our YouTube channel. If you want to know everything about top influencers, follow our in-house Who'sThat360 on Instagram and YouTube.

Further reading: Nissan, tesla, EV
Snapchat Launches Its Own ChatGPT-Powered Chatbot 'My AI'
UIDAI Introduces AI-Based Fingerprint Authentication Feature for Aadhaar
Share on Facebook Gadgets360 Twitter Share Tweet Snapchat Share Reddit Comment google-newsGoogle News
 
 

Advertisement

Follow Us

Advertisement

© Copyright Red Pixels Ventures Limited 2024. All rights reserved.
Trending Products »
Latest Tech News »