Electrifying Ambitions: Nissan Unveils Plan For 30 New Models And Electrification Surge
Portfolio Pulse from Shivani Kumaresan
Nissan Motor Co., Ltd (OTC:NSANY) announced plans to introduce 30 new models by fiscal 2026, aiming for a global sales increase of 1 million vehicles with a focus on electrification. Of these, 16 will be electrified models, with a goal to reduce the cost of EVs by 30% by 2030. The company targets an operating profit margin over 6% and total shareholder returns above 30% by 2030. Nissan plans to invest over ¥400 billion in battery capacity, with electrification investment exceeding 70% by fiscal 2026. The new business plan could unlock an additional ¥2.5 trillion in revenues by 2030. NSANY shares closed higher by 2.18% at $8.45.
March 25, 2024 | 10:44 am
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Nissan plans to launch 30 new models by 2026, focusing on electrification and aiming for a sales increase of 1 million vehicles. The company targets a 30% reduction in EV costs by 2030, with an operating profit margin over 6% and shareholder returns above 30%. Investment in electrification will exceed 70% by fiscal 2026.
Nissan's ambitious plan to introduce 30 new models with a focus on electrification and significant investment in battery capacity indicates a strong commitment to the EV market. This strategic direction, coupled with targets for cost reduction and profitability, is likely to positively impact investor sentiment and NSANY's stock price in the short term. The announcement of potential additional revenues of ¥2.5 trillion by 2030 further supports a positive outlook.
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