Nissan to Cut Costs of Electric Vehicle Production by 30% by 2030

Monday, 25 March 2024, 12:19

Nissan aims to reduce the manufacturing costs of electric vehicles by almost a third by 2030 to compete with Chinese rivals. This strategic move is part of the company's plan to launch 16 electric vehicles in the next three years and increase sales by an additional 1 million units by 2026.
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Nissan to Cut Costs of Electric Vehicle Production by 30% by 2030

Nissan's Strategy for Cost Reduction

Nissan, the Japanese carmaker, is planning to significantly cut down on the manufacturing costs of electric vehicles to enhance its competitiveness against Chinese rivals. The company aims to achieve this by optimizing production processes and implementing cost-efficient technologies.

Business Expansion Goals

  • 16 New Electric Vehicle Models: Nissan plans to introduce 16 new electric vehicle models over the next three years to capture a larger market share in the EV segment.
  • Increased Sales Target: By reducing costs and increasing efficiencies, Nissan aims to boost its sales by an additional 1 million units by 2026.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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