Nissan suspends manufacturing oil engines for Europe

Nissan suspends manufacturing oil engines for Europe

Nissan will stop producing new combustion engines for the European market. (Photo: Shutterstock)
Nissan car manufacturers stop making new fuel engines for Europe. The company is taking this step, without setting a date, because of the electronics and expectations that consumers will make to replace the electric car. Coo Ashwani Gupta said Tuesday during the announcement of the financial results for the third quarter of the broken year 2021. The Nissan financial year runs from April 2021 to March 2022.

The decision to suspend production of new fuel engines coincides with the introduction of Euro 7 production standards. This standard is expected to be introduced by the European Union from 2025. According to the German trade union VDA, the introduction of this standard is tantamount to banning motor vehicles. fuel-driven. With its Fit for 55 plan, the European Commission aims to ban the sale of fuel vehicles from 2035.

Outside of Europe

Nissan continues to manufacture oil engines for markets outside Europe. “We do it in markets where it is understandable to consumers,” says Gupta. In the United States, the automotive company continues to produce gasoline engines for small-scale adoption.

The car manufacturer expects an operating profit of 210 billion yen (1.6 billion euros) for its broken financial year. Despite the global chip shortage, Nissan is still committed to producing 3.8 million passenger cars in its current financial year.

Nissan and its partners Renault and Mitsubishi are investing more than 20 billion euros in EV design over the next five years.