Nissan has announced that all of its new models launched in Europe will be fully electric by 2030.
The Japanese automaker said it's “pressing ahead” with the existing EV target one week after the U.K. pushed back a ban on the sale of new gasoline and diesel car sales from 2030 to 2035.
“There is no turning back now,” Makoto Uchida, Nissan president and CEO, said in a press release. “We believe it is the right thing to do for our business, our customers and for the planet.”
The automaker’s acceleration in Europe isn't surprising, considering Europe accounts for over 33% of the more than one million EVs sold worldwide, reported CNBC.
Nissan plans to release 27 electric orhybrid cars by 2030, including 19 all-electric models, Reuters reported.
The automaker plans to introduce cobalt-free technology to reduce the cost of EV batteries by 65% and launch a vehicle with all-solid-state (ASSB) batteries by fiscal year 2028. Nissan claims the changes will reduce current charging times by two-thirds, CNBC reported.
Nissan's partner, Renault, along with rivals Ford and Stellantis, aim to have fully electric European passenger vehicles by 2030, it said.
Originally posted on Auto Dealer Today