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Nissan to go all-electric by 2030

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Nissan has committed to making all of its vehicles sold in Europe electric by 2030, which will expedite preparations towards electrification.

The declaration is made in spite of the UK delaying until 2035 the 2030 ban on the sale of new gasoline and diesel vehicles.

“The right thing to do” was stated by Nissan’s CEO regarding the company’s decision.

The SMMT, a trade association for automobiles, has expressed worries that if the ban is delayed, consumers may take longer to convert to electric cars.

By the end of the decade, Nissan plans to launch new battery technology that will, according to the company, cut the cost and charge time of electric cars (EVs).

“By 2030, Nissan will transition entirely to electric vehicles in Europe. “We think it’s the right thing to do for our company, our clients, and the environment,” Makoto Uchida, the CEO of Nissan, stated.

Cost objective

During an interview with the BBC, Mr. Uchida stated that the company’s goal was to make electric vehicles as affordable as gasoline and diesel cars for consumers.

He stated, “We are looking at the next few years, but it may take some time.”

“We are examining it from the perspective of technology, collaborating with suppliers, and naturally collaborating with the government to determine how we can provide that level of cost competitiveness to the customer,” Mr. Uchida continued.

Will 2030 see that price parity? “We’re aiming for that,” Mr. Uchida affirmed.

Additionally, Mr. Uchida stated that the business was advancing the development of all-solid-state batteries (ASSB), a new type of battery technology that is lighter, less expensive, and charges more quickly.

He stated, “We want to make sure they can be mass produced by 2028, so we are going to have a pilot plant for ASSB in Japan starting next year.”

“We do have a solution, and we are on track [to meet that target], but there are a lot of challenges with this,” he continued.

factory that makes batteries

Nissan is the only automaker with in-house battery production in the United Kingdom.

It declared last year that it would spend £1 billion enlarging the building that is adjacent to its auto production in Sunderland. £100 million was provided by the government for the project.

Nissan benefits from this in comparison to other automakers that import the majority of their batteries from China.

Vehicles manufactured in the UK or the EU must get 45% of their components by value from the UK or the EU in order to avoid a 10% duty when exported either way, according to post-Brexit trading regulations that go into effect in January of next year.

Given that batteries represent the largest component of an electric vehicle, a number of manufacturers in the EU and the UK have expressed concern that they would not be able to meet the required price point and have requested a postponement of the need until plants are prepared to supply the batteries.

Kemi Badenoch, the business secretary, recently told the BBC that the administration was hopeful that a postponement might be achieved.

Credits: BBC

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