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Nissan To Invest Whopping $18 Billion In EV Development

EV Ultimo Team

30-11-2021

Nissan To Invest Whopping $18 Billion In EV Development

Nissan has unveiled Nissan Ambition 2030, its long-term vision for the brand and the company is heading strong towards electric mobility. Over the next ten years, Nissan plans to deliver more electrified vehicles while expanding its operations globally. The company has a goal to be carbon neutral across the life cycle of its products by fiscal year 2050. The Japanese company aims to accelerate the electrification of its vehicle lineup and other investments with investments of 2 trillion yen ($17.63 billion) over the next five years. Nissan will introduce 23 new electrified models, including 15 new EVs by fiscal year 2030 aiming for an electrification mix of more than 50% globally across the Nissan and INFINITI brands.


SOURCE: CNBC


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