30% lower production costs: Nissan plans to launch an electric car – Auto

To be one of the best car manufacturers in the world requires big goals. Nissan’s business plan, called “The Arc,” has the potential to set new standards. It is expected that unit numbers, model types and revenues will increase significantly in the coming years, while at the same time the production costs of electric vehicles should decrease.

Nissan has big goals. The company wants to bring 30 new models to the market worldwide by 2026, 16 of which will be electric. The plan of the Japanese car manufacturer: sales figures should increase – by one million units. That would be an increase of almost 30 percent compared to 2023. How the automaker wants to achieve this: by reducing the production costs of electric vehicles.

30 percent less production costs, 30 percent return to shareholders

Goal: lower costs by 30 percent by 2030. Shareholders are promised a return of more than 30 percent. To provide affordable prices, the company relies on seasonal production and vehicle families, innovation in the production of NCM Li-ion, LFP and solid state batteries as well as synergistic effects in procurement. On the other hand, Nissan promotes “smart cooperation”, including Renault and Mitsubishi in Europe. The introduction of six new models is planned for Europe by 2026. 40 percent of the cars produced should have an electric drive.

The origin of this article “30 low production costs: Nissan plans to attack the electric car” comes from Projects Bit.