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Nissan plans to sell one million electric vehicles by 2022

ABR Staff Writer Published 26 March 2018

Japanese automaker Nissan has revealed its plans to produce one million electrified vehicles by financial year 2022 in order to expand and evolve autonomous driving systems, and speed-up vehicle connectivity.

The plans, which form part of Nissan M.O.V.E. to 2022, call for the development of eight new pure electric vehicles.

Under the plans, the company will introduce an electric car in China under different brands, launch ‘kei’ mini-vehicles in Japan and provide a global crossover electric vehicle, inspired from its IMx concept.

Furthermore, Nissan plans to electrify its INFINITI models by 2021, equip 20 models in 20 markets with autonomous driving technology and reach 100% connectivity for all new Nissan, Infiniti and Datsun cars sold in key markets by 2022.

Nissan’s chief planning officer Philippe Klein said: “Our product and technology strategy is dedicated to positioning Nissan to lead the automotive, technology and business evolution.

“Our efforts are focused on delivering Nissan Intelligent Mobility, encompassing the three core elements of electrification, autonomous drive, connectivity and new mobility services.”

Under its electrification strategy, the company plans to launch products in an offensive manner in the Chinese market led by its new C-segment electric vehicle in 2018, based on its LEAF technology.

Furthermore, Nissan is planning to launch affordable electric vehicles in the country via eGT New Energy Automotive, a joint venture between Renault-Nissan Alliance and Dongfeng Motor Group.

The new electric vehicle will be jointly developed by the Alliance and Dongfeng on an A-segment SUV platform.

Nissan estimates that electrified vehicles including its EVs and e-POWER models will make up 40% of the company’s sales in across its home market and Europe by 2022 and 50% by 2025.

In the US, it expects to capture a market share between 20% and 30% by 2025, while in China between 35% and 40%.

In addition, Nissan plans to introduce its ProPILOT technology in 20 models across 20 markets and expects to sell one million ProPILOT-equipped vehicles a year by 2022.

The company stated that this midterm plan will boost annualized revenue by 30% to JPY16.5 trillion by the end of 2022.

Image: Nissan IMx KURO concept showcased last year at Tokyo Motor Show. Photo: Courtesy of Nissan.