Nissan Sees 80% Of Its Line-Up To Be Electric By 2030: Report

  • Nissan Motor Co Ltd NSANY reportedly plans to launch seven electric vehicles (EV) models by 2026.
  • The automaker also aims for 80% of the vehicles in its portfolio to be electric by 2030, reported Reuters.
  • The company’s chief operating officer Ashwani Gupta said the EV market in China had passed the tipping point and people have started to accept the electric vehicles as their main cars.
  • Also ReadNissan Looks For Tech Partnership Without Renault
  • He added that Nissan’s challenge is to price the EVs competitively to fight domestic rivals.
  • Nissan unveiled two EV concepts at the Auto Shanghai 2023, the Max-Out convertible sports car, which made its China debut, and the Arizon SUV, which made its global debut.
  • The Arizon is designed to meet China’s diverse mobility needs. It also unveiled the e-POWER X-Trail, which started pre-sales in the market today.
  • Also ReadRenault In Discussions With Nissan On EV Charging In Europe
  • Price Action: NSANY shares closed higher by 0.81% at $7.43 on Monday.
  • Photo Via Company
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!