Nissan Bumps Up Global EV Targets - What's On The Cards Now?

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  • Nissan Motor Co Ltd NSANY has raised its global electric vehicle goals to reflect changes in customer needs and to accelerate electrification.
  • Previously, as part of Nissan Ambition 2030, Nissan announced its plan to 23 electrified vehicles, including 15 EVs, by 2030.
  • Nissan will increase the number of models to 27 new electrified models, including 19 new EVs, by the fiscal year 2030. 
  • As a result, the electrification mix across the Nissan and INFINITI brands by 2030 is projected to increase to more than 55% globally, up from the previous forecast of 50%.
  • Also Read: Renault In Talks With AutoNation For Alpine Sales In US
  • The automaker’s latest forecast for its sales mix of electrified vehicles sold in major markets in the fiscal year 2026 includes Europe: 98% (up from 75%), Japan: 58% (up from 55%), China: 35% (from 40%) and the U.S.: 40% (EV only; by fiscal year 2030).
  • The forecast will increase the global sales mix of electrified vehicles from the planned 40% when the vision was announced to more than 44% by the fiscal year 2026.
  • In 2024, Nissan plans to launch an EV designed specifically for the Chinese market. 
  • Nissan’s global production for January 2023 declined 25.1% from a year earlier, with production inside Japan surpassing year-earlier results by 5.9% and production outside Japan falling 30.2% from a year earlier.
  • Also Read: Nissan, Renault Invest $600M To Produce Six New Models In India
  • Price Action: NSANY shares closed lower by 0.26% at $7.81 on Friday.
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