Nissan to make only EV models for Europe by 2030

Robert Besser
27 Sep 2023, 15:26 GMT+10

Nissan said that by 2030, all its new European models will be fully electric, and it plans to sell only EVs on the continent
Nissan said that one of two new EV models it has already confirmed for Europe will be manufactured at its Sunderland plant in northeast England
As it aims to catch up in a segment dominated by new companies like Tesla and various Chinese carmakers, Nissan raised its targets for EV models, stating that it plans to launch 19 new EV models by 2030

YOKOHAMA, Japan: Joining a growing number of carmakers that are shifting to electric vehicles (EV) by the end of the decade, this week, Nissan said that by 2030, all its new European models will be fully electric, and it plans to sell only EVs on the continent.

In a statement, Nissan CEO Makoto Uchida stressed, "There is no turning back now."

Nissan said that one of two new EV models it has already confirmed for Europe will be manufactured at its Sunderland plant in northeast England.

While some carmakers warned that failure to comply with "rules of origin" agreed in the UK's Brexit deal with the European Union (EU) could lead to 10 percent tariffs on EVs traded between the bloc and the UK as soon as January, Guillaume Cartier, Nissan's chairman for Africa, Middle East, India, Europe & Oceania, told reporters that cars made in Sunderland would meet those rules.

As it aims to catch up in a segment dominated by new companies like Tesla and various Chinese carmakers, earlier this year, the Japanese carmaker raised its targets for EV models, stating that it plans to launch 19 new EV models by 2030.

Ford and Stellantis also plan to go fully electric in Europe by 2030, while Volvo plans to sell only EVs globally by the same year.

Amid lower-cost competition from Chinese carmakers, Nissan is working to reduce costs as it invests heavily in electrification, said Uchida told reporters.

"There is a lot of competition happening; the Chinese carmakers are coming massively. The Chinese have moved much, much faster than we expected," Uchida said.

Watch latest videos

News RELEASES

Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Professional Autos.

More Information

27 ℃

Fair in Seletar

Business

Section

Bank failures compel US regulators to increase scrutiny of lenders

WASHINGTON D.C.: To fix issues that could lead to further bank failures in the U.S., such as the collapse of ...

Boeing delivers 46 narrowbody 737s in November

ARLINGTON, Virginia: This week, Reuters reported that Boeing delivered 46 narrowbody 737s jets in November. The total brings the U.S. ...

U.S. stock markets and dollar jump on employment report

NEW YORK, New York - A positive employment report from the U.S. Bureau of Labor Statistics indicating a fall in ...

By 2026, AT&T to use ORAN technology for 70% of U.S. wireless network

DALLAS, Texas: This week, AT&T said that by late 2026, it will use open radio access network (ORAN) technology for ...

Moody's warns of downgrade in China's credit outlook

NEW YORK: This week, ratings agency Moody's warned that it could downgrade China's credit rating, citing costs to bail out ...

Artificial intelligence stocks all the rage on Wall Street

NEW YORK, New York - AI set the scene for solid gains in technology shares on Thursday. Demand for Alphabet ...

Engineering

Section