Promising to keep its leadership in electric vehicles, Nissan outlined plans to release eight new EVs. They plan to reach an annual sale of one million electric vehicles in the next four years.
The top tier Japanese car-maker stated it will introduce 20 models with autonomous driving technology. With these models in 20 markets, Nissan plans to reach 100 percent connectivity between the new Nissan and Infinity models.
Nissan’s goal is to raise global annual revenue during the six year period from last fall until the end of the fiscal year in 2023 to 16.5 trillion yen from the 12.8 trillion yen. They also wish to keep an 8 percent sustainable operating profit margin.
Philippe Klein, Chief Planning Officer, and others announced the product and technology elements of the plan on Friday’s briefing at Nissan’s global headquarters in Yokohama.
Last fall, Toyota Motor Corp stated it would launch 10 electric vehicles by early 2020s and sell 5.5 million EVs by 2030. This includes hybrids and hydrogen fuel cell vehicles. Earlier this month, Volkswagen AG stated its plan to expand EV manufacturing to 16 of its factories worldwide by 2022, making up to 3 million a year by 2025.
Nissan Looking Towards The Future
Nissan’s beforestated goal of earning 1 million sales of EVs by March 31, 2023, takes into consideration pure electrics and hybrids. The introduction of Nissan’s new e-Power set up, a range-extender hybrid system currently selling in Japan, will help boost the numbers. Klein estimates that vehicles with e-Power will equal out to more than half of the total.
Infiniti will recieve its first EV in 2021. By 2025, the luxury brand’s sales will be either full electric or e-Powered. The dive into electric models will be more through for Infinity. Klein stated that their goal is to have Infiniti as the main challenger brand for the premium segment.
The introduction of electric cars is estimated to become a huge success in both Japan and Europe. Although, the U.S. and China will most likely see the introduction of EVs at a slower rate. Japan and Europe are estimate to account for half of Nissan’s sales by 2025. Meanwhile, the U.S. will account for between 20 and 30 percent and China, between 35 and 40 percent.
New Horizons for High Tech Safety Systems
Nissan has made an advance with ProPilot suite of advanced safety systems. This includes lane tracing as well as emergency auto-braking features. They are offered on four nameplates: the Leaf, Rogue and Qashqai crossovers, and Serena van.
Worldwide, roughly 110,000 vehicles currently have ProPilot.