[Nissan Ambition 2030] Announced the introduction of 23 new electric vehicles by 2030

Nissan Motor Co., Ltd. announced its long-term vision "Nissan Ambition 2030". By 2030, 23 new electric vehicles will be launched, including 15 electric vehicles.

Nissan aims to be a truly sustainable company that responds to environmental issues, social issues, and changing customer needs, and realizes a cleaner, safer, and more inclusive society where everyone can coexist. The slogan of the long-term vision is "His mobility to open up together and beyond." Full of self-confidence and excitement, we will provide experiences that connect with people and society, and expand the possibilities of movement. In addition, we will build an ecosystem centered on mobility together with our partners and expand the possibilities of society.

Nissan will expand its business globally by providing numerous electric vehicles and innovations over the next 10 years. This long-term vision underpins the company's goal of achieving carbon neutrality throughout the product life cycle by 2050.

◆ Introducing 20 models of electric vehicles by 2026

With electrification at the core of its long-term strategy, Nissan will invest 2 trillion yen over the next five years to further accelerate vehicle electrification and technological innovation. By 2030, we will introduce 23 types of electric vehicles, including 15 types of EVs, and aim to globally increase the model mix of electric vehicles to 50% or more by combining both the Nissan and Infiniti brands. To achieve the target, 20 models including EV and e-POWER-equipped vehicles will be introduced by 2026. The sales ratio of electric vehicles will be increased to 75% or more in Europe, 55% or more in Japan, 40% or more in China, and 40% or more (EV only) in the United States by 2030.

In addition, as a sign of the future of electrification that Nissan is aiming for, we have unveiled three new concept cars that provide the best experience by packaging advanced technologies. An open car "Max-Out" that expands the enjoyment of driving, a utility vehicle "Hang-Out" that goes beyond the common sense of moving space, and a pickup truck "Surf-Out" that expands the range of activities and diversity of activities. These concept cars show the potential of Nissan's extensive lineup and ecosystem of advanced cars in the future.

◆ Introducing all-solid-state batteries to the market in 2028

Nissan will further evolve its lithium-ion battery technology and adopt cobalt-free technology to reduce the cost per 1kWh by 65% ​​by 2028. In addition, with the aim of launching an EV equipped with an all-solid-state battery (ASSB) developed in-house by 2028, a pilot production line will be introduced in the company's Yokohama plant by 2024. By adopting ASSB, EVs can be introduced into various segments, and power performance and driving performance can be improved. In addition, the charging time will be reduced to one-third, making EVs more efficient and familiar. The cost of ASSB will be $ 75 per 1kWh in 2028, and then it will be reduced to $ 65 to bring the cost of EV and gasoline vehicles to the same level. Established a global battery supply system in response to the increase in the number of EVs. Specifically, in cooperation with partners, the company plans to increase its global battery production capacity to 52GWh by 2026 and 130GWh by 2030.

In addition, we aim to provide more users with advanced driving assistance technology and intelligent technology, and to further increase their value. By 2026, more than 2.5 million professional pilots will be sold for both Nissan and Infiniti brands. By further evolving driving assistance technology, we aim to equip almost all new models with high-performance next-generation rider technology by 2030. Realizing new mobility services as a more efficient means of transportation in cities and sustainable transportation in rural areas, together with optimal partners, in order to provide optimal solutions tailored to different transportation environments and needs in each country and region. It aims to.

◆ Building a global ecosystem for mobility and beyond

In addition to technological evolution, Nissan is promoting the localization of EV production and procurement in order to make EVs more competitive. Nissan's original EV production hub "EV36 Zero" announced in the UK will be expanded to major regions including Japan, China and the United States. We aim to achieve carbon neutrality through this ecosystem that combines mobility and energy management and integrates production and services.

Nissan will utilize the know-how it has built over 10 years with 4R Energy to make EV batteries more sustainable. Specifically, we plan to expand facilities for secondary use of batteries beyond Japan, and to establish new facilities in Europe in 2022 and in the United States in 2025. Nissan aims to commercialize V2X and household battery systems by the mid-2020s by developing infrastructure to promote secondary use of batteries and building a cycle in energy management.

To accelerate innovation in mobility development, Nissan will hire more than 3,000 new employees in the advanced technology area of ​​the R & D department and will continue to improve the skills of its current employees. In addition, we will further strengthen the alliance cooperation system and promote cost reduction and shared expertise in fields such as carbon neutral technology, electrification technology, software and services.

And, in order to maintain long-term business continuity, we will maintain an operating profit margin of 5% or more on a proportional consolidated basis even after Nissan NEXT.