Nissan looks to address ‘extreme market volatility’ with 30 new models, EV cost cuts

watch now Nissan is targeting an additional 1 million vehicle sales over the next three years and a 30% reduction in electric vehicle production costs by 2030, the Japanese carmaker announced Monday. In a new medium-term business plan, Nissan also said it would launch 30 new models by fiscal 2026, with 16 of these electrified.… Continue reading Nissan looks to address ‘extreme market volatility’ with 30 new models, EV cost cuts

German Manager Magazine: Fisker: Share suspended from trading; Talks about cooperation failed003204

The cash-strapped US electric car industryStartup Fisker finds itself in increasingly severe turbulence. Just over a week ago, the company announced that it would suspend production of its only Ocean model sold to date at the contract manufacturer Magna in Austria for six weeks. Fisker previously owed $8.4 million in interest on convertible notes. At… Continue reading German Manager Magazine: Fisker: Share suspended from trading; Talks about cooperation failed003204

Nissan eyes profitable EV business with new models, technologies

TOKYO — Nissan Motor will launch 30 new models globally by fiscal 2026, out of which 16 will be electric or hybrid vehicles, the automaker said Monday. The Japanese automaker unveiled its business plan for the three years starting in fiscal 2024. The company hopes to raise its profitability while continuing to push for electrification… Continue reading Nissan eyes profitable EV business with new models, technologies

Nissan to cut cost of making electric cars by nearly a third by 2030

The Japanese carmaker said its plants across the globe, including the one in Sunderland, would adopt the Nissan Intelligent Factory concept, which leans heavily on robots. Photograph: Andy Buchanan/AFP/Getty Images View image in fullscreen The Japanese carmaker said its plants across the globe, including the one in Sunderland, would adopt the Nissan Intelligent Factory concept,… Continue reading Nissan to cut cost of making electric cars by nearly a third by 2030

Thailand Elevator and Escalator Market Report 2024-2029 – Hitachi and Mitsubishi Dominate, Accounting for 52% of Market Share in Thailand

DUBLIN, March 25, 2024 /PRNewswire/ — The “Thailand Elevator and Escalator Market – Size & Growth Forecast 2024-2029” report has been added to ResearchAndMarkets.com’s offering. The Thailand elevator and escalator market by new installations accounted for 8.1 thousand units in 2023 and is expected to grow at a CAGR of 3.81% from 2023-2029, to reach 10.25 thousand… Continue reading Thailand Elevator and Escalator Market Report 2024-2029 – Hitachi and Mitsubishi Dominate, Accounting for 52% of Market Share in Thailand

Revised business plan to bring 30 new Nissans by 2026

Nissan will launch 30 new cars over the next two years, as part of a revised business plan dubbed The Arc. Sixteen of them will use electrified powertrains, while 60% of Nissan’s current combustion-engined cars will be refreshed. Six all-new models are promised to be launched in Europe, with Nissan aiming for EVs to comprise 40% of its… Continue reading Revised business plan to bring 30 new Nissans by 2026

BYD Takes On EV Laggards Toyota, VW With Steep China Price Cuts

(Bloomberg) — Not content with unseating Tesla Inc. as the world’s top-selling electric-car maker, BYD Co. has set its sights on luring customers away from the likes of Toyota Motor Corp. and Volkswagen AG in one of the most aggressive rounds of discounting seen in China’s bruising price war. Most Read from Bloomberg The automaker… Continue reading BYD Takes On EV Laggards Toyota, VW With Steep China Price Cuts

Nissan aims to ramp up India exports to 1 lakh units annually by FY26

Japanese carmaker Nissan Motor Corporation, which outlined its mid- to mid-long-term business plan – The Arc – at its global headquarters today, has also reaffirmed its strategy to make India a hub for vehicle exports. The company aims to augment capacity utilisation of its manufacturing facility in Oragadam, Chennai, planning to ramp up it made-in-India… Continue reading Nissan aims to ramp up India exports to 1 lakh units annually by FY26

Nissan reveals ‘Arc’ business plan to recover volumes, drive profit

Nissan Motor Corporation today launched its new business plan – ‘The Arc’ – to drive value and strengthen competitiveness. The company says the plan is focused on a broad-based product offensive, increased electrification, new approaches to engineering and manufacturing, the adoption of new technologies, and the use of strategic partnerships to increase global unit sales… Continue reading Nissan reveals ‘Arc’ business plan to recover volumes, drive profit