Nissan Announces Electricity Transition Plans to 2030

Nissan, which wants to accelerate its electrical transformation, announced the money it will spend in the next 5 years. Although the statements made by the company were effective for consumers, they did not please investors. So much so that the company's shares lost 5.6 percent after the announcement.
 Nissan Announces Electricity Transition Plans to 2030
READING NOW Nissan Announces Electricity Transition Plans to 2030

Nissan, one of Japan’s leading automotive manufacturers, made very important statements at an event it organized. Explaining for the first time how it will provide electricity transformation at this event, the company also explained what it will do until 2030. If Nissan puts these targets into practice without delay, we can easily say that the company’s position in the sector will be much better than it is now.

Nissan will spend approximately $18 billion in the next 5 years. This expenditure will be made solely for accelerating the electricity conversion. The announced money seems to allow Nissan to close the gap between companies that have spent years budgeting for electric vehicles. Because the company’s budget for electricity conversion is more than double that of many of its competitors. How will this affect the consumer?

15 fully electric vehicles to be announced by 2030

In the statements made by Nissan; Until 2030, a total of 23 vehicles with electrical infrastructure will be announced. 15 of them will be fully electric. The company will also reduce lithium-ion battery costs by 65 percent in the next 8 years. In this way, vehicles will begin to have affordable prices for everyone over the years. The company will implement its new generation batteries, which it says will change the rules of the game, until March 2029.

Nissan’s statements did not please investors

The statements made by Nissan were extremely impressive for individual consumers. However, the situation was not so for investors. Because the company’s stock lot values ​​lost 5.6 percent after the decision. Industry sources announced that Nissan was too late at the point of the electric revolution, and that even an investment of 18 billion dollars could not close the gap. However, some analysts state that stock declines are not exclusive to Nissan, and that an environment of uncertainty has arisen again due to the new variant of the coronavirus called omicron. Time will tell which approach is correct. . .

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