Nissan Reveals Plans To Sell 1 Million Electrified Vehicles By 2022

REUTERS

REUTERS

"The heart of our strategy in terms of electrification is battery EVs and e-Power technology", Nissan Chief Planning Officer Philippe Klein told reporters at a briefing. Also, the company aims to have an 8 per cent core operating profit margin and a cumulative free cash flow of 2.5 trillion yen.

"Our efforts are focused on delivering Nissan Intelligent Mobility, encompassing the three core elements of electrification, autonomous drive, connectivity and new mobility services", he added. The target is part of the new Nissan M.O.V.E.to 2022 midterm plan. Japan's number two automaker sold about 163,000 electric vehicles globally in 2017.

Nissan is even taking its electric ambitions to its luxury Infiniti brand.

Already the largest Japanese carmaker in China, Nissan is planning to introduce 20 electrified models by 2022 in the world's biggest market.

The latter now represents the majority of Nissan's "electrified vehicle" sales. The idea is also to leverage the platform and powertrain assets of Renault-Nissan-Mitsubishi alliance to support company goals.

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Regarding its plans for autonomous driving, Nissan said "not to have changed its testing program", carried out with "a small fleet of vehicles", after the accident of an autonomous vehicle of Uber which cost the life of a pedestrian on Monday, in the United States.

Under the plan, electrified cars are to account for 30 percent of all sales in 2022, and by 2025, all Infiniti models are to be electrified, the automaker said earlier.

Launched as the world's first mass-market all-battery EV in 2010, Nissan's Leaf compact hatchback is the world's best-selling EV, though sales have been just around 300,000 units in its lifetime. And further two EV derivatives are also being prepared for the Venucia brand.

Alongside the all-electric cars, Nissan will expand availability of its e-Power hybrid powertrain, which is now offered on the Note and Serena in Japan. That should result in the sale of 1 million ProPILOT-equipped vehicles per year by 2022. Nissan expects to introduce a self-driving technology for cars traveling on multilane freeways within the year, starting in Japan. ProPILOT, its driver-assistance system, will be offered on twenty models by 2022, Nissan predicts, and be included on a million vehicles sold each year by that point. Nissan tested its first robo-vehicle ride-hailing service called "Easy Ride" with partner DeNA earlier this month. They plan to offer the service beginning in Japan in the early 2020s.

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