Finance

Nissan is also fully committed to electric driving: invests almost 16 billion

With this, Nissan is investing twice as much in electric cars as in the past ten years, the car manufacturer announced today.

Nissan plans to launch 23 new car models by 2030. Of these, 15 are fully electric.

Nissan already has the best-selling electric Leaf in its fleet, but the manufacturer has been selling this model since 2010 and the model has been getting more and more competition lately, including from Tesla.

Nissan has the ambition to be completely carbon neutral by 2050.

Batteries

The group has previously announced that it will build a factory for batteries for electric cars in the United Kingdom. Nissan wants to reduce the cost of lithium-ion batteries for electric cars by 65 percent over the next five years.

Nissan also wants to introduce so-called solid-state batteries in 2029. These have the advantage that they cannot catch fire, batteries can also become lighter and charge faster.

The lower costs make electric cars accessible to more consumers, said Nissan chief executive Makoto Uchida.

Strong growth

Electric cars still make up a relatively small part of all cars on the road, but there is significant growth. For example, in 2020 the number of electric cars sold worldwide rose by 41 percent, while the total number of car sales fell by 16 percent, according to figures from the International Energy Agency (IEA).

That’s why just about all major automakers invest a lot of money in developing and building new electric models.

Volkswagen

For example, Volkswagen thinks that by 2030 half of all cars sold by the company will be fully electric. Ten years later, virtually all cars in major markets must be

VW is ambitious: it wants to be bigger than Tesla in the field of electric cars by 2025 at the latest.

GM and Ford

Last year, General Motors, the largest American automaker, said it will invest $18 billion in electric cars over the next five years.

Ford wants to sell only fully electric passenger cars in Europe by 2030.

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