Japanese automaker Nissan today announced a revitalization plan called “The Arc”. The company will launch 30 new models in the next two years, 16 of which will use electrified powertrains. The remaining models are upgraded fuel vehicles.
The plan shows that Nissan will launch six new models in the European market and strive to have its electric vehicles account for 40% of sales in the European market by 2026.
It is noted that Nissan also plans to significantly accelerate its electrification process after 2026 and launch 20 more hybrid, plug-in hybrid and pure electric models. Nissan expects electrified vehicles to account for 40% of its global sales by 2026, rising to 60% by 2030.
Reducing the cost of electric vehicles is an important part of Nissan’s “The Arc” plan. They plan to use next-generation battery technology and new R&D and production processes to bring the price of electric vehicles in line with fuel vehicles.
Like many car companies, Nissan will also adopt a “family-based” R&D approach based on specific electric vehicle architecture to reduce costs. The first model based on the new platform will be launched in 2027. The development cycle of subsequent models based on this platform will be shortened by four months and the cost will be halved.
Platform sharing will also enable Nissan to adopt new modular manufacturing methods that will reduce production time by 20 percent. Nissan will also work with Honda and other partners to jointly purchase parts and components to further reduce costs.
Nissan says it will make a “significant upgrade” to the nickel-manganese-cobalt (NMC) batteries used in the current Ariya electric SUV, doubling its energy density and cutting charging time in half. Additionally, Nissan claims they will also launch a 30% lower cost lithium iron phosphate (LFP) battery pack in 2028 alongside next-generation solid-state batteries.
