Nissan to launch 30 new models by 2027, reduce cost of EVs [Yahoo! Finance]
RENAULT SA UNSP/ADR (RNLSY)
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Source: Yahoo! Finance
The automaker on Monday announced its business plan dubbed "The Arc," saying the initiative "focused on a broad-based product offensive, increased electrification, new approaches to engineering and manufacturing, the adoption of new technologies, and the use of strategic partnerships to increase global unit sales and improve profitability." Under the plan, Nissan said 30 new models would hit the market in the next three years. Those new offerings will consist of 16 EVs and 14 internal combustion engine (ICE) vehicles. That effort will help the automaker boost its global unit sales by 1 million from its fiscal year 2023 level before the start of fiscal year 2027. Increasing its number of vehicle sales in major markets and practicing "financial discipline" will also play a role, according to Nissan. CLICK HERE TO READ MORE ON FOX BUSINESS Nissan aims to make the cost of its EVs on par with its ICEs by fiscal year 2030 through strategies like developing them in "families" and in
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