Nissan Motor Plans to Sell More Than a Dozen New EV Models by 2026
By Kosaku Narioka
Nissan Motor plans to start selling more than a dozen new electric-vehicle models, aiming to boost total car sales by 1 million units within three years.
The Japanese automaker said Monday that it intends to start selling 30 new models, including 16 electrified models, and targets an additional 1 million vehicle sales by the year beginning April 2026.
Nissan also said it plans to revamp most internal-combustion-engine models by then.
The company said it aims to achieve cost parity with internal-combustion cars by the year starting April 2030.
Nissan said it will leverage strategic partnerships to stay competitive and explore new partnerships in Japan and the U.S.
Nissan has been reshaping its global strategy following the restructuring of its alliance with Renault and Mitsubishi Motors announced in February last year.
Earlier this month, Nissan and Honda said they would study ways to collaborate on EVs, their core parts and software. Early discussions involve the joint procurement and development of components such as batteries, people at the companies have said.
Write to Kosaku Narioka at kosaku.narioka@wsj.com
(END) Dow Jones Newswires
March 25, 2024 03:15 ET (07:15 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.-
What’s the Difference Between the CPI and PCE Indexes?
-
Micron Earnings: Great Guidance but Stock Now Looks Fairly Valued
-
August PCE Report Forecasts Show More Good News on Inflation
-
AI Stocks May Be Down, but Don’t Count Them Out
-
4 Stocks to Buy as the Fed Cuts Interest Rates
-
Markets Brief: The Uncertain Path to Neutral Interest Rates
-
What’s Happening in the Markets This Week
-
Where Top Stock Fund Managers Are Looking Next After the Fed Rate Cut
-
Our Top Pick for Investing in US Renewable Energy
-
Undervalued by 25% and Yielding 5%, This Stock Is a Buy
-
Can AI Predict Future Stock Returns?
-
The Best Energy Stocks to Buy Now
-
10 Undervalued Wide-Moat Stocks
-
Obesity Drugs: Can New Firms Take Market Share From Eli Lilly and Novo Nordisk?
-
New 4-Star Stocks
-
Intel Fair Value Left Unchanged Despite Qualcomm Takeover Talk