Nissan unveils plan to shrink EV production costs

Tokyo (AFP) Mar 25, 2024

Japanese auto giant Nissan said Monday it will slash production costs for next-generation electric vehicles by 30 percent as it competes with fast-growing Chinese rivals. By 2030, Nissan aims to make electric models at the same price as traditional combustion engine cars, the company said as it announced a new mid-term strategy. The firm also unveiled a target to sell one million more ve