Nissan Announces Aggressive Mid-Term Targets Amid Share Drop
The automaker outlines ambitious plans for electrification, cost reduction, and global sales expansion to drive future growth and profitability.
- Nissan's shares dropped after announcing aggressive new mid-term targets, aiming for 1 million additional vehicle sales and a 30% cost reduction in next-generation EVs by 2027.
- The automaker plans to launch 30 new models by 2027, with 16 being electrified, as part of its effort to enhance competitiveness and profitability.
- Nissan aims for an operating profit margin of at least 6% by 2027, supported by cost-cutting measures and a focus on key markets in North America, China, Japan, and Europe.
- The Arc business plan is positioned as a bridge to Nissan's long-term vision, Nissan Ambition 2030, targeting significant growth in electrified models and new business ventures.
- Strategic partnerships and new development approaches are key to achieving cost parity between EVs and ICE vehicles by 2030, with a focus on modular manufacturing and battery innovations.