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With Investment $17.6 billion, Nissan Wants to Launch 23 Electric Cars by 2030

James Bryant by James Bryant
December 1, 2021
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Japanese automaker Nissan will accelerate its electrification plan until fiscal 2030. The company plans to launch 23 new electric vehicles, including 15 battery electric vehicle (BEV) vehicles.

Reporting from Carscoops (12/01/2021), Nissan will invest 2 trillion yen or equivalent to Rp. 253 trillion over the next five years. This investment is made to accelerate electrification, as well as increase technological innovation, in order to make the company carbon neutral in all its products by 2050.

The plan is that no less than 20 new EV and e-POWER models will be introduced in the next five years. Then by 2026, Nissan expects 75 percent of its sales in Europe to be electric cars.

While in Japan and China, Nissan targets electric car sales to reach 55 percent. As for the US, Nissan is targeting 40 percent of EV sales by 2030.

“With Nissan Ambition 2030, we will drive a new era of electrification, advance technology to reduce our carbon footprint, and pursue new business opportunities,” said Nissan CEO Makoto Uchida.

We want to turn Nissan into a sustainable company that customers and society really need,” he said.

To achieve its vision, Nissan will continue to improve its current lithium-ion battery technology and introduce cobalt-free technology to lower battery costs by 65 percent by 2028.

Nissan also plans to launch an EV with solid-state batteries in 2028 and will be ready with a pilot plant in Yokohama in early 2024.

Nisaan also intends to increase its global battery production capacity to 52 GWh by 2026 and 130 GWh by 2030.

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James Bryant

James Bryant

Studied in journalism and transportation. James has been covering the electric vehicle scene since 2010 with focus in sports and China EV Brand.

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