Nissan cutting costs, boosting profits under new plan

AutoExec Summary
Nissan plans to increase profits by cutting production costs, launching 30 new models by 2026, with 16 being electrified, and increasing sales by one million units annually. It will also export vehicles from China and India, work with Alliance partners, and reduce EV development costs by 30 per cent. By 2030, it aims to launch 34 electrified models and reach development cost parity between EVs and combustion-powered vehicles. It also plans to launch all-solid-state batteries in 2028.
Brands mentioned: Nissan, Renault, Mitsubishi, Honda.