Nissan's Electric Surge: Aiming For 100% EV Lineup In Europe By 2030
Portfolio Pulse from Shivani Kumaresan
Nissan Motor Co (OTC:NSANY) plans to have all its new European models electric and aims for a fully electric vehicle (EV) lineup by 2030. The company is investing in its European Design and R&D teams and has unveiled the 'Concept 20-23', a sporty, urban EV concept. Nissan aims to launch 27 electrified vehicles, including 19 EVs, by 2030 under the Nissan Ambition 2030 initiative. The company anticipates that all-solid-state battery (ASSB) technology will reduce EV battery costs to $75 per kWh by 2028, with a target of $65 per kWh in the long run.

September 25, 2023 | 3:55 pm
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Nissan's plan to have a fully electric vehicle lineup in Europe by 2030 and its ongoing investment in European Design and R&D teams could potentially boost its market position in the EV sector. The company's anticipation of reducing EV battery costs with ASSB technology could also enhance its competitiveness.
Nissan's plan for a fully electric vehicle lineup in Europe by 2030 indicates its commitment to the EV sector, which could potentially attract more investors and customers, boosting its stock price. The company's ongoing investment in its European Design and R&D teams shows its dedication to innovation, which could also positively impact its stock. Furthermore, Nissan's anticipation of reducing EV battery costs with ASSB technology could make its EVs more affordable, potentially increasing sales and positively affecting its stock price.
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