Nissan aims to sell only electric cars in the European market from 2030. This plan was announced yesterday by Nissan CEO Makoto Uchida. However, the ban on internal combustion engine vehicles in Europe is expected to be implemented in 2035. Nissan will offer 19 fully electric and 8 hybrid models worldwide by 2030. The company aims to reduce its costs by 65% by switching to cobalt-free battery technologies within five years. It also aims to reduce charging times by a third with new technologies during this period.
40 Million Euro Investment Plan
Nissan will also invest 40 million euros to develop its design studio in London and the adjacent Nissan Europe technical centre. This money will go towards staff training, technology updates and equipment modernization. 26 million euros of the said amount will be spent specifically for the electrification of vehicles.
The announcement was made at the launch of Nissan Concept 20-23 in London. Developed by a team of young designers, the electric car represents the “performance hatchback” vision for urban use. The vehicle has eye-catching doors and a number of elements that increase aerodynamics.