In March 2024, Nissan’s global production fell by 20.2% year-on-year, with domestic production in Japan falling by 9.5% year-on-year, and production outside Japan falling by 22.6% year-on-year.

Global production between April 2023 and March 2024 increased by 3.9% compared with the same period last year, with production in Japan increasing by 21.5% compared with the same period last year, and production outside Japan falling by 0.03% compared with the same period last year.

In March 2024, Nissan’s global sales increased by 3.3% year-on-year. Small car sales in Japan decreased by 1.8% year-on-year. Japanese registered sales decreased by 1.1% year-on-year. Japanese mini car sales decreased by 2.9% year-on-year. Sales outside Japan increased by 4.4% year-on-year. %.

It is noted that Nissan China’s automobile production in March was only 57,522 units, a year-on-year decrease of 39.7%; China sales were 59,914 units, a year-on-year increase of 10.0%.

Between April 2023 and March 2024, Nissan’s global sales increased by 8.8% year-on-year. Including domestic mini car sales in Japan increased by 6.5% year-on-year, Japanese registered car sales increased by 10.4% year-on-year, and sales outside Japan increased by 9.2% year-on-year.

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Nissan Hyper Force pure electric concept car is a high-performance model designed to provide the ultimate driving pleasure, and uses innovative technology and design concepts to achieve a combination of performance, environmental protection and safety. From the appearance, this car is equipped with a very radical aerodynamic package. The headlight group is composed of three LED light strips. Together with the concave front face design, it shows a full sense of science fiction and the future.

The lines on the side of the car look dynamic and sharp. The new car is equipped with huge carbon fiber wheels and an exaggerated spoiler on the rear. This car shows Nissan’s thinking on the next generation of high-performance pure electric models, and it may be used as a basis for the creation of pure electric GT-R and other sports cars in the future.

At this Beijing Auto Show, Nissan will also display the Formula E Gen3 racing car that represents the Nissan Formula E team in the ABB FIA Formula E World Championship. The car helped the Nissan Formula E team reach three consecutive podiums in the tenth season. The race in Shanghai, China, in May is about to begin, and the Nissan Formula E team will demonstrate the unique charm of electric racing to Chinese consumers and fans.

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Nissan and Mitsubishi believe that new technologies and service models need to be built to solve problems in these specific areas. To achieve this, the two companies will leverage their respective expertise and experience to commercialize next-generation mobility and electric vehicle-related energy services, starting in Japan.

Nissan’s measures include: providing mobile travel services in Namie Town, Fukushima Prefecture, and conducting autonomous driving tests in the Minato Mirai District of Yokohama, Japan, to help more users realize autonomous driving travel. At the same time, Nissan is developing an energy management system that combines the charging and discharging functions of pure electric vehicle batteries with renewable energy.

“Nissan ARIYA”

“Mitsubishi Minicab MiEV”

Mitsubishi Corporation will cooperate with partners and local governments, including: 1. Make full use of local energy sources such as renewable energy. 2. Achieve carbon neutrality. 3. Create more attractive communities by solving local social problems. In the field of mobility, Mitsubishi Corporation has been taking new measures to address transportation issues in Japan, such as providing on-demand transportation solutions based on artificial intelligence to local governments and private companies, including Shiojiri City in Nagano Prefecture. and conduct autonomous driving tests.

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In November 2023, Renault and Nissan stated in a statement that by handing over 28.4% of Nissan’s shares to a French trust company for management, Renault had reduced its shareholding in Nissan from approximately 43% to 15%, thus Put both parties in an equal cross-shareholding position. As part of the deal, Nissan also committed to investing up to 600 million euros ($641 million) in Ampere, Renault’s electric vehicle unit, becoming a strategic investor in the company and obtaining a board seat.

The share sale announced on March 26 is the second time Renault has sold shares in Nissan since the two parties set the above goals. In December 2023, Renault sold approximately 5% of its shares in Nissan for 765 million euros as part of Nissan’s share buyback plan.

It is reported that the latest sale of Nissan shares amounted to 100,242,900 shares, which was part of Renault’s investment of Nissan shares into a French trust fund. Renault noted that the sale of shares is also part of Nissan’s share buyback plan. “This transaction will accelerate the deleveraging process and support the group’s determination to restore its investment grade,” Renault said in a statement. In addition, Renault has the right to sell an additional 180,447,100 Nissan shares to third parties within a 180-day period. , the shares were provided by Nissan but have not yet been repurchased.

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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.

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It is noticed that the new Jinke design is inspired by sports sneakers. It provides up to 8 body colors such as scarlet/gun gray, ultra black/ice blue, ultra black/grapefruit yellow, ultra black/white, etc. The headlight group and front The grille is integrated into one body and adopts a trendy blackened design. The overall body looks more square and tough.

Inside the car, this new car is equipped with seamless dual 12.3-inch displays and an innovative audio system. Through Apple CarPlay and Android Auto wireless interconnection, users can realize navigation, calling, texting and other functions. In addition, the car also offers wireless charging capabilities, as well as heated front seats and steering wheel.

In terms of power, the car is equipped with a 2.0L four-cylinder engine that can output a maximum of 143 horsepower and 140 Nm of torque. It is matched with a CVT gearbox and provides a four-wheel drive system for the first time.

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In addition to the internal reinforcement of the engine, both models will also have an aluminum nameplate in the engine compartment with the signature of the manufacturing technician and a gold plate with the chassis number. Inside the car, the Premium Edition model has a new blue interior option called “Blue Heaven”, and the starting price of this “God of War” is about US$105,400 (Note: currently about 758,000 RMB). By comparison, the Pure Edition model starts at $97,700 (currently about 702,000 RMB). The most expensive one is the Nismo Special Edition, priced at US$207,000 (currently about 1.488 million RMB).

Nissan is currently accepting orders for the 2025 GT-R in Japan, noting that production will be limited and may even reject some orders due to insufficient supply. This information undoubtedly supports rumors that the R35 model may be discontinued after the end of this generation. Japanese magazine Mag-X reported last week that 2025 will be the final year for the R35, and production will be very limited. They claim Nissan has informed dealers that production of the supercar will be discontinued due to the unavailability of some parts in the future.

The R35 model has been in series production since December 2007, with a development history dating back to 2000. Prior to the release of the production model, Nissan also released two concept cars, one unveiled at the 2001 Tokyo Motor Show and the other, the GT-R Proto, unveiled at the same show in 2005. At the renamed Japan Mobility Show last year, Nissan released the Hyper Force concept car, strongly hinting that a pure electric GT-R is coming.

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The report attributed the production reduction plans of the two car companies to the rise of electric vehicles in China. Japanese car companies are facing increasingly fierce competition from local manufacturers such as BYD. A Honda spokesperson said the company produced 1.2 million vehicles last year and has a capacity of 1.49 million vehicles, so there is “still room to go.” Representatives for Nissan were not immediately available for comment.

It is reported that Honda and Nissan’s sales in China have shown a downward trend for at least three years, while Toyota’s sales have basically remained flat. “Japanese automakers that once introduced leading technologies to China are being forced to rebuild their strategies.” Some IT friends may still have impressions. For example, Dongfeng Nissan Sylphy topped the list of sedan sales almost every month a few years ago. Now this position has long been replaced by domestic brands.

According to the report, the three companies lack attractive electric vehicle products. Nissan’s annual production capacity may be cut by as much as 500,000 vehicles from the current 1.6 million vehicles; Honda is considering reducing its annual production capacity (in China) from the original 1.6 million vehicles to about 1.2 million vehicles.

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According to the financial report released at the end of February, Fisker’s total revenue for the full year of 2023 was US$273.9 million, and a total of 10,193 Ocean models were produced. The performance was lower than market expectations.

Fisker said its existing cash and equivalents of $325.5 million (currently about 2.347 billion RMB) are not enough to sustain operations in the next 12 months and plans to cut 15% of its workforce.

Fisker CEO Henrik Fisker said the company is in talks with another automaker for a capital injection. According to Reuters, the negotiator is Nissan. The two parties have had in-depth discussions on cooperation and are expected to reach a formal agreement within the month.

Reuters said Nissan plans to invest more than $400 million in Fisker’s electric pickup platform and will produce the Alaska electric pickup truck for Fisker at Nissan’s U.S. factory in the future. In exchange, Nissan will license the platform to build its own electric pickup truck.

▲ Fisker Alaska model

As an industry pioneer, Nissan launched the world’s first mass-produced pure electric model, the LEAF, in 2010. However, in recent years, as more players have joined, Nissan has faced difficulties in the field of electric vehicles. Reuters believes that the cooperation with Fisker will help Nissan enter the booming electric pickup truck market in the United States.

Nissan gained greater autonomy after reducing its cross-shareholding with Renault in 2023, sources familiar with the company said. The talks with Fisker are seen as part of Nissan’s plan to “pursue opportunities” in the field of electric vehicles.

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Although the battery capacity of lithium iron phosphate batteries is slightly lower than that of current mainstream batteries, the cost can be reduced by 20% to 30%. This will help drive down the price of electric vehicles, thereby promoting the popularity of electric vehicles in emerging countries.

It is learned that a lithium iron phosphate battery is a lithium-ion battery that uses lithium iron phosphate (LiFePO₄) as the positive electrode material and carbon as the negative electrode material. The rated voltage of the single unit is 3.2V, and the charging cut-off voltage is 3.6V~ 3.65V, the electric capacity per unit weight is about 170mAh/g.

The energy density of lithium iron phosphate batteries is lower than ordinary lithium-ion batteries, but it has better safety, longer life, better resistance to high temperatures, and lower cost. Currently, lithium iron phosphate batteries are mostly used as power batteries for electric vehicles due to their low cost (no need for cobalt) and high safety.

It’s worth hearing that at last year’s Tokyo Motor Show, Nissan introduced the all-solid-state battery (ASSB) technology they are developing, with the goal of starting trial production in 2025 and producing a new electric vehicle powered by solid-state batteries in 2028 .

Kazuhiro Doi, vice president of Nissan’s research department, said the technology has the potential to enable Nissan to achieve a qualitative leap in its next generation of electric vehicles.

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