Nissan announces accelerated China push

Nissan announces accelerated China push

Japanese auto giant Nissan on Wednesday announced the launch of two models aimed at picking up speed in its key market of China, where it has been outpaced by local rivals.

Nissan Motor is committed to investing an additional 10 billion yuan (US$ 1.4 billion) in China and says it views the country’s intensely competitive automotive market as a fertile ground to help it develop electric vehicles, an area where it needs to improve to get back on its feet. “With China’s rapid growth, we want to stay and compete,” said Stephen Ma, Nissan’s operations director in China, this Wednesday during a press conference at the Sh…

Nissan Commits Another $1.4 Billion to China With EVs in Focus

Nissan Motor Co. has committed to invest an additional 10 billion yuan ($1.4 billion) in China and says it sees the nation’s intensely competitive automobile market as fertile ground to help it develop electric vehicles, an area where it needs to improve in order to get back on its feet.

Nissan Announces Accelerated China Push

At industry show Auto Shanghai, the group announced an investment of 10 billion yuan ($1.4 billion) into China, and said it would increase the number of new models it planned to launch by summer 2027 to 10, up from eight.

Nissan Motor has announced that it will invest 10 billion yuan (1.227.3 million euros) in China to boost the development of electric vehicles in the Asian country. "With China moving so fast, we want to stay and we want to compete," said Nissan's head of operations in China, Stephen Ma, to Bloomberg in Shanghai's car showroom. The investment will be made by the end of 2026, as confirmed by the Japanese manufacturer. It also announced that it wil…

The automaker, which has been struggling with economic difficulties in recent times, has announced new investments worth nearly $1.4 billion. A significant investment of more than 10 billion yuan ($1.37 billion ... ...