"Our efforts are focused on delivering Nissan Intelligent Mobility, encompassing the three core elements of electrification, autonomous drive, connectivity and new mobility services", said Philippe Klein, Nissan chief planning officer.
Speaking at a media briefing alongside senior vice presidents Takao Asami and Ogi Redzic, who lead the respective autonomous driving and connectivity projects at the Alliance, Klein reaffirmed that the midterm plan aims to boost annualized revenue by 30% to 16.5 trillion yen by the end of fiscal year 2022. It also wants to run at an 8 per cent operating margin.
Nissan desires to build eight pure electric vehicle brands, beyond their existing LEAF model.
An affordable EV will be developed through the Renault-Nissan-Mitsubishi Alliance's tie-up with Dongfeng Automotive, as part of the eGT New Energy Automotive venture.
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Japan's 2nd largest automaker and its competitors are planning to crank up development and production of electric vehicles in response to stringent emissions regulations across the world, even as demand for such vehicles is still limited due to their high cost and limited charging infrastructure.
Nissan has sold a little over 300,000 Leafs since the auto first went on sale in December 2011 - with the second-generation version of the vehicle just launched and plans being drawn up to expand the company's electric range, the scale of the job is enormous. More than 129,000 Note e-POWER models were sold in Japan in its first year, with more than two-thirds of Note customers opting for e-POWER models versus the baseline model.
Through 2022, vehicles supported by its "e-Power" gasoline-hybrid technology would probably comprise the majority of Nissan's electric line-up, it stated. In the US, the expectation is 20-30 per cent by 2025, while it's 35-40 per cent by the same mark for China. One new electric vehicle would also be a globetrotter, a crossover inspired by the Nissan IMx Concept.
Looking forward to 2025, Nissan expects 50 per cent of Infiniti sales to be electrified as well.
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