Nissan is making some big changes to its EV approach

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  • Japanese carmaker Nissan will supercharge its EV plans for Europe, increasing previous targets
  • However, the company is slashing its EV and hybrid targets in China
  • The manufacturer is partnering with Renault to develop new electric cars and batteries

Almost every automobile manufacturer in the world has some form of an electric car (or a working prototype) ready for imminent release. While some automakers have dived head-first into the segment, some have been slow to adapt to the changing environment. It’s the latter we’re going to talk about today, more specifically, Nissan and the company’s willingness to make some big changes going forward.

The Japanese carmaker has set its sights on hastening its EV launch strategy, particularly in Europe. Towards this goal, Nissan intends to sell mostly EVs or hybrids in the continent by FY 2026. As PTI reports, this highlights a renewed sense of urgency within the company, as it previously only expected EVs and hybrids to make up for 75% of its fleet by FY 2026.

Also Read: Nissan Ariya electric SUV appears on an Indian road: Launch imminent?

The manufacturer isn’t making any major adjustments in its home country, increasing its estimate from 55% to 58%. Overall, the company intends to churn out as many as 19 EVs by the end of the decade. This is also an increase from Nissan’s previous target of 15 models.

It’s worth pointing out that the aforementioned sales estimates do not include EV or hybrid models sold through Nissan’s partners, such as Renault or fellow Japanese automaker Mitsubishi.  Contrastingly, Nissan has cut its estimates for China from 40% to 35%. This isn’t surprising given the stiff competition it faces in the region.

The Nissan Ariya EV

Nissan and Renault are working together on EVs and batteries

Staying on the subject of car companies working together, Nissan has already established a partnership with Renault. The two will jointly develop EVs and batteries while sharing technologies with each other. This could bolster the two automakers’ EV and hybrid portfolios while also providing viable alternatives to existing EV industry leaders like BYD, Tesla, Volkswagen and a handful of others in the global EV scene.

Nissan is no stranger to the EV business, setting the tone for the industry with the Leaf EV way back in 2010. However, as the field expands on a massive scale, the automaker has been rather slow to adapt.

In the company’s defence, it isn’t the only one that is falling behind in the EV race. Another Japanese carmaker, Toyota, has also been slow in the segment, though the company has a couple of new EVs in the pipeline, including the bZ4X.

Source: PTI

Via: TimesNow

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