Japan
Car maker Nissan wants to push electrification
The new strategy “Nissan Ambition 2030” provides for the introduction of 23 new electric models. Photo: Clara Margais / dpa
© dpa-infocom GmbH
The market for electric cars is currently still dominated by manufacturers from China and the USA. The Japanese car maker Nissan plans to invest billions in this area over the next few years.
The Japanese Renault partner Nissan wants to advance the electrification of its car fleet with investments of billions. As the company announced, two trillion yen (around 15.6 billion euros) will be invested for this purpose over the next five years.
The new long-term strategy called “Nissan Ambition 2030” includes the introduction of 23 new electric models by the 2030/2031 financial year. By then, more than half of the global fleet of the Nissan and Infiniti brands will consist of vehicles with electric drive, as the company further announced.
“With Nissan Ambition 2030 we will drive the new era of electrification,” said Nissan boss Makoto Uchida. E-cars from German manufacturers are also becoming increasingly popular. According to a study published in August by the management consultancy PwC, the market for fully electric cars is currently still dominated by Chinese and US manufacturers.
Nissan had returned to profitability in the first half of the current fiscal year. Despite lower sales as a result of the global supply bottlenecks in semiconductors, the carmaker posted a net profit of 168.6 billion yen on the balance sheet date of September 30th. The group, shaken by the scandal surrounding the accused ex-boss Carlos Ghosn, who fled to Lebanon, expects a net profit of 180 billion yen for the current financial year.