JAKARTA - Nissan recently announced its latest business plan called The Arc, which focuses on increasing electrification, more advanced engineering and manufacturing approaches, implementing the latest technology, and using strategic partnerships to increase global sales.

The Japanese manufacturer explained that this plan is a continuation of NEXT's business transformation which runs from 2020 to 2023, as well as part of the company's long-term vision, Ambition 2030.

"This plan will allow us to go further and faster in increasing value and competitiveness," said Nissan CEO Makoto Uchida, in an official statement from the company, Tuesday, March 26.

The Arc consists of the launch of 30 new models for the global market in 2026, with 16 of them electric-driven vehicles (EVs).

In addition to introducing electrified vehicles, Nissan will also update 60 percent of its global internal combustion engine (ICE) lineup, with the aim of increasing annual sales to 1 million units.

Furthermore, the manufacturer based in Yokohama, Japan, plans to reduce the production cost of next-generation electric vehicles by 30 percent, paving the way for balance of costs between EVs and ICE vehicles by 2030.

Nissan also detailed several models to be launched for several markets, such as eight New Energy Vehicle (NEV) models in China, seven models in the US and Canada, five models in Japan and the Middle East, as well as three models in India and Africa, and two models in Oceania.

Despite maintaining a balance between ICE and EV in the next two years, Nissan plans to increase investment in electrification by more than 70 percent by 2026.

Thus, it is hoped that Nissan's global sales of electric vehicles can increase by 40 percent by 2026 and achieve growth to 60 percent by 2030.


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