Nissan Going Full Electric By 2030
Nissan has announced plans to accelerate its electrification efforts in Europe, committing to selling only electric vehicles (EVs) in the region by 2030. This decision comes despite the UK’s postponement of its ban on new petrol and diesel car sales from 2030 to 2035. Nissan aims to introduce new battery technology by the end of the decade, reducing both the charging time and cost of EVs. The company’s CEO, Makoto Uchida, expressed the goal of making EVs cost-competitive with traditional gasoline and diesel cars in the coming years.
Nissan is also fast-tracking the development of all-solid-state batteries (ASSB), which are lighter, cheaper, and faster to charge, with plans for mass production by 2028. This move aligns with Nissan’s £1 billion investment in battery manufacturing in the UK and its advantageous position compared to competitors that import batteries from China. The UK government is considering deferring post-Brexit trading rules that require vehicles made in the UK or EU to source 45% of their components from the region to avoid tariffs, particularly as batteries are a costly component in EVs.