Nissan Motor Co., Ltd. (“Nissan”), Honda Motor Co., Ltd. (“Honda”), and Mitsubishi Motors Corporation (“Mitsubishi Motors”) have signed a memorandum of understanding (MOU) to explore the possibility of Mitsubishi Motors’ participation, involvement, and synergy sharing in relation to the business integration through the establishment of a joint holding company outlined in an MOU signed between Nissan and Honda.
Nissan, Honda, and Mitsubishi Motors have reached a basic agreement to proceed with discussions based on the framework established in the MOU signed by Nissan and Honda on August 1 regarding the commencement of a strategic partnership focused on intelligence and electrification. Mitsubishi Motors has been participating in this framework, and the three companies have been proceeding with discussions.
Following the agreement between Nissan and Honda to start consideration toward a business integration through the establishment of a joint holding company amid the dramatic changes in the environment surrounding both companies and the automotive industry, the three companies have agreed to explore the possibility of achieving synergies at an increased level through Mitsubishi Motors’ participation or involvement in the business integration. Mitsubishi Motors aims to reach its conclusion by the end of January 2025 on the participation or involvement in the business integration between Nissan and Honda.
Marking the announcement, Nissan Director, President, CEO and Representative Executive Officer Makoto Uchida said: “Honda and Nissan have begun considering a business integration, and will study the creation of significant synergies between the two companies in a wide range of fields. It is significant that Nissan’s partner, Mitsubishi Motors, is also involved in these discussions. We anticipate that if this integration comes to fruition, we will be able to deliver even greater value to a wider customer base.”
Honda Director and Representative Executive Officer Toshihiro Mibe said: “At this time of change in the automobile industry, which is said to occur once every 100 years, we hope that Mitsubishi Motors’ participation in the business integration discussions of Nissan and Honda will lead to further social change, and that we will be able to become a leading company in creating new value in mobility through business integration. Nissan and Honda will start the discussion from today onwards with an aim to clarify the possibility of business integration by around the end of January in line with the consideration of Mitsubishi Motors.”
Comment from Mitsubishi Motors Director, Representative Executive Officer, and President and CEO Takao Kato said: “In an era of change in the automotive industry, the study between Nissan and Honda about a business integration will accelerate synergy maximization effects, bringing high value also to the collaborative businesses with Mitsubishi Motors. In order to realize synergies and to make the best use of each company’s strengths, we will also study the best form of cooperation.”
Nissan Motor Co., Ltd. has announced the appointment of a new leadership team, effective January 1, 2025. Nissan is carrying out its recently announced turnaround actions, designed to restructure the company’s operations for enhanced efficiency and resilience. As part of these actions, the appointments are aimed to respond quickly to current issues, restructuring the management following the appointment of a chief performance officer (CPO) effective December 1. In April 2025, Nissan will make further changes to management to create a lean, flat structure that can respond flexibly and quickly to changes in the business environment.
Stephen Ma, currently chief financial officer (CFO), is appointed as chairperson of the Management Committee for China. He will continue to report to Makoto Uchida, chief executive officer (CEO). With extensive experience and knowledge of China, along with his global leadership background, Ma will focus on shaping the future strategy for the region and enhancing local operations.
Jeremie Papin, currently chairperson of the Management Committee for Americas, is appointed as CFO. In this role, he will report to CEO Uchida. Prior to his current role, Papin amassed many years of experience in finance, strategy, and business development within Nissan and the Alliance. Papin also worked more than 10 years in investment banking focusing on the automotive sector.
Christian Meunier joins Nissan and is appointed as chairperson of the Management Committee for Americas. He will report to Guillaume Cartier, chief performance officer (CPO). Most recently, he served as the CEO for Jeep and was a member of the Executive Committee at Stellantis. Meunier returns to Nissan with a wealth of marketing and sales experience from his previous leadership roles in Nissan US, Canada, Brazil, and global INFINITI.
Asako Hoshino, currently serving as Chief Brand & Customer Officer (CBCO) and Chairperson of the Management Committee for Japan/ASEAN, will retire from her role overseeing Japan/ASEAN operations. She will continue in her capacity as CBCO, where she will focus on enhancing brand and customer experience. Her efforts will be instrumental in ensuring that customer engagement and satisfaction strengthen Nissan’s brand presence in the market.
Shohei Yamazaki, currently serving as chairperson of the Management Committee for China, has been appointed as chairperson of the Management Committee for Japan/ASEAN. His experience in the highly competitive China market will bring valuable insights to the Japan/ASEAN role to help further strengthen Nissan’s presence in the region. In this capacity, he will report directly to CPO Cartier.
Commenting on the changes Nissan President and CEO Makoto Uchida said: “These leadership appointments will bring the necessary experience and urgency to the countermeasures we are taking to get the company back on track. With the support of our leadership team, we will carefully execute our turnaround actions to secure sustainable profits while focusing on future growth.”
Nissan Motor India (NMIPL) has announced the launch of its first state-of-the-art National Training Centre – Nissan Academy, located at the Alliance JV plant in Chennai. The academy will enhance the skills and capabilities of Nissan’s dealership and service staff network across India, reinforcing Nissan’s commitment to delivering an exceptional customer experience. Inaugurated by Frank Torres, DVP AMIEO & President, Nissan India Operations, the 10,500-square-feet training facility is designed to provide top-tier educational and training experiences across sales, technical maintenance, and body shop services for all Nissan Motor India dealership teams.
The Nissan Academy features an advanced mechanical workshop for hands-on training in vehicle repair, diagnostics, and aggregate overhauling. Additionally, it boasts a state-of-the-art body shop equipped with upgraded equipment and resources, offering training in a wide range of repair and maintenance techniques. This initiative will provide Nissan’s dealership teams with practical, high-quality training, aimed at enhancing customer service excellence across Nissan’s pan-India network. Over 1,000 technicians can be trained in a year at this academy, a key part of Nissan’s commitment to strengthening and expanding its dealership network and ensuring the highest standard of service across India.
Speaking at the launch, Mr. Frank Torres, Divisional Vice President-AMIEO Region Business Transformation & President-Nissan India Operations, said, “The opening of the Nissan Academy – National Training Centre in Chennai marks a significant step in our commitment to delivering innovation and excellence in customer service to the Indian customers. By investing in the development of our dealership teams, we aim to ensure that our customers receive unmatched service quality and experience. This training facility will support our ongoing efforts to drive excellence in customer experience and satisfaction. Nissan remains committed to its India operations, dealers, partners, and customers. We remain on track for our plans announced earlier this year at the launches of the Nissan X-TRAIL and New Nissan Magnite.”
As part of Nissan’s steadfast commitment to the Indian market and to meet the evolving needs of its customers, the company recently expanded its product lineup with the launch of the New Nissan Magnite, embodying the ‘One Car, One World’ philosophy.
Nissan today announced it will launch affordable on-board bi-directional charging on selected electric vehicles from 2026. The initiative forms a key step towards its vision of creating a sustainable energy ecosystem.
The project progresses the commitment made in Nissan’s business plan, The Arc, delivering differentiated innovation that enables the EV transition, while unlocking new revenue streams. It also supports the company’s long-term vision, Ambition 2030, to create a cleaner, safer, and more inclusive world.
The Vehicle to Grid (V2G) technology, which allows EV owners to use electricity stored in their car’s battery to power their homes, or sell it back into the grid, will launch in the UK initially, followed by other markets in Europe.
The project is underpinned by Nissan’s extensive experience in V2G, with around 40 pilot projects conducted worldwide throughout the past decade.
Following a successful year-long project at The University of Nottingham, UK, Nissan has become the first car company to gain G99 Grid code certification with an AC-based solution, needed to supply electricity into the UK national energy supply.
Under the banner of Nissan Energy, the company’s aim is to roll-out V2G technology across markets in Europe and beyond, empowering consumers with either AC or DC-based V2G solutions, in alignment with local infrastructure and regulatory requirements.
Benefits of Vehicle-to-grid technology By using Nissan’s on-board bi-directional V2G technology, customers can cut the annual cost of powering an EV by 50%. The same technology can also reduce net CO2 emissions from charging by 30% per year, per EV for the average UK household.
EVs equipped with V2G technology can play a crucial role in integrating and increasing the mix of renewables into the energy supply, by storing electricity generated by wind or solar, and directing it back into the grid when needed, reducing dependency on fossil fuels.
As one of the bi-directional systems Nissan plans to offer, this AC-bidirectional system certified in the UK will leverage an integrated on-board charger to deliver a lower cost of entry, allowing the technology to be accessible to more people. Nissan aims to offer its AC bi-directional charger at a price comparable to a mono-directional charger available today.
As well as lowering the cost of entry, Nissan’s V2G system will give customers complete control and flexibility over their energy via a dedicated App.
The launch forms part of Nissan’s strategy to create a fully integrated energy ecosystem – sustainably manufactured EVs providing zero emission motoring, charged using clean energy and capable of providing power back to the home as well as to the grid.
Hugues Desmarchelier, Nissan Vice President, Global Electrification Ecosystem & EV Programs, said: “The technology we are bringing to customers is a potential game-changer for how we view the car. Not just as a means of getting from A to B, but as a mobile energy storage unit, capable of saving people money, supporting the transition of our energy systems away from fossil fuels and bringing us closer to a carbon-free future.
“Nissan is proud to democratise technology for the benefit of society. The breakthrough in an on-board solution for two-way charging will be a substantial reduction in the cost of integrating a future EV into your energy supply, and the ability to leverage the car as a source of income over its lifecycle.”
Nissan aims to become a truly sustainable company, and in the Africa, Middle East, India, Europe and Oceania region (AMIEO) is using its unique diversity to drive locally-focussed action and scalable solutions that contribute to a cleaner, safer and more inclusive world for everyone.
Strong partnerships support successful UK trial The V2G UK trial has been partly funded by the UK Government’s Advanced Propulsion Centre, a body established to support and accelerate the automotive industry’s transition towards net zero. The V2G UK trial has been partly funded by the UK Government’s Advanced Propulsion Centre UK (APC), a body established to support and accelerate the automotive industry’s transition towards net zero.
APC Chief Executive, Ian Constance, said: “This is a significant milestone for the collaborative research and development project, led by Nissan Technical Centre Europe and supported by the Department for Business and Trade through the APC. Investing in pioneering vehicle-to-grid technology and R&D in the UK is part of a system-level approach to decarbonisation.”
Future of Roads Minister Lilian Greenwood, said: “Vehicle to grid technology is a fantastic innovation which has the potential to save people money and accelerate the UK’s transition to electric vehicles.
“A greener transport network is a key priority for this Government, and by working together with industry we will boost consumer confidence and achieve our shared goal of getting more EVs on the road.”
During the trial, Nissan worked with several partners including Dreev and Enovates. Dreev, a joint venture between EDF and NUVVE, was responsible for data collection, customer profiling and setting the charging and discharging plan by analysing information from the wall box.
Eric Mévellec, CEO for Dreev commented: “We have been working alongside Nissan for years on this revolutionary technological adventure, and we are thrilled to be a part of this new chapter. We are convinced that, by reducing the electricity bill for the customers while providing huge storage capabilities for the electrical system, V2x technology has a major role to play in the energy transition”
Enovates, a Belgian-based mobility technology company, developed the wall box, or Electric Vehicle Supply Equipment (EVSE), including set-up and test certification.
The wall box acts as the system hub, sending and receiving information on energy demand and supply from the Dreev cloud, and directing the car to charge or discharge electricity at a set amount to the home or grid.
Bart Vereecke, CEO of Enovates, said: “Enovates is proud to partner with Nissan in demonstrating through the Field Operating Test the real-world benefits of AC V2G technology. This test marks an important step in creating a sustainable, interconnected energy future where electric vehicles play a central role in sustainable mobility solutions and resolving energy grid congestions.”
“Enovates has always been committed to pushing the boundaries of V2G technology, and we are excited to bring our expertise in AC charging to this project,” added Stijn Vispoel, R&D Manager. “Our certified AC V2G chargers represent the next generation of energy technology, offering accessible, efficient, and smart solutions for the future of transportation and energy.”
The University of Nottingham was also pivotal in the trial, providing a base of operations at its on-campus Creative Energy Homes and supporting academic research.
Nissan is continuing to work with these, and other partners, to achieve the necessary grid certification in other markets, develop a seamless user experience and expand the technology availability to more customers.
Chairperson of Nissan’s Africa, Middle East, India, Europe and Oceania region, Guillaume Cartier, commented: “One of the big challenges faced by society today is energy supply – how do we make it affordable, reliable and clean.
“At Nissan, we see a future for our customers where their energy comes from the car on the driveway – not only the power station – fully integrated, flexible and cleaner.”
Nissan Motor India has launched the New Nissan Magnite with bold aesthetics, enhanced safety, and advanced tech. The Magnite’s bold presence is accentuated by a tougher, more robust exterior that exudes confidence and enhances its already impressive road presence. The New Magnite continues its commitment to innovation and customer-centric design, hitting the market at an introductory price of INR 5.99 lakhs. The Magnite is a testament to Nissan’s ‘Make-in-India, Make for the World’ vision, surpassing cumulative sales of 150,000+ units till date and making a powerful impact in both Indian and international markets since its December 2020 debut.
The introduction of the new Nissan Magnite marks a significant step in expanding the brand’s export markets. The continuing demand and popularity of the ‘Made in India’ Magnite across international markets has allowed the company to expand its export footprint to 47 new markets taking the total export footprint to over 65 international markets now including Left-Hand Drive markets.
With this new development, the export markets for Nissan now stand at 65+ countries. Speaking at the launch, Mr Frank Torres, Divisional Vice President-AMIEO Region Business Transformation & President-Nissan India Operations, said, “India has a critical role in our global strategy and we are glad to roll out the Magnite from our Chennai facility to more markets across the globe. It not only strengthens our export goal but also cements our customer-first philosophy. The Nissan Magnite’s success since its 2020 launch, both in India and international markets, embodies the enduring value of our ‘One Car, One World’ philosophy.”
Mr. Saurabh Vatsa, Managing Director, Nissan Motor India Pvt. Ltd. (NMIPL), said,“The Magnite has redefined market expectations, earning unwavering customer loyalty and setting new standards in the segment. The new Magnite delivers value on all fronts-safety, premium features, with a powerful yet efficient CVT Turbo powertrain. This launch showcases our unwavering commitment to excellence and plays a pivotal role in our product offensive approach for the country.We are grateful for the love and trust shownby customers in India and thank them for making the Magnite a resounding success in the country. We are confident that the New Nissan Magnite will also resonate with international customers in the same way.”
Building on its previous success, the New Nissan Magnite exemplifies Magnite-ness with a tougher, bolder and more robust exterior that enhances its commanding road-presence. The Magnite has sleek LED Headlamps with lightsaber-style turn indicator, Best-in-Class LED Taillamps with 3D Gradient “Honeycomb” pattern, and Magnite’s signature L-Shape Daytime Running Lights (DRL).
Additionally, the new model boasts a new floating uplifted skid plate at front, bigger & bolder new imposing grille, all new dual tone R16 Diamond Cut Alloy wheel, functional roof rails (50kg capacity) and best-in-class ground clearance, giving a differentiated design appeal.
To cater for all preferences and customer needs, the New Nissan Magnite comes in 11 body colours, six monotones and five dual-tones available – all expertly created and crafted to suit customer tastes and ensure their car is as unique as they are.
Inside, the New Nissan Magnite sets new benchmarks with its refined interior, offering an impressive array of colour themes and advanced features. With unique 360 leather pack –including a Brownish Orange leatherette wrapped dashboard, leatherette seat upholstery with unique “Honeycomb”quilting pattern, leatherette all door trim, parking brake lever, steering, and front armrest–the New Nissan Magnite provides a no compromise premium package that is sure to impress.
The New Nissan Magnite also boasts of largest in cabin storage, improved seat comfort, standard expandable boot space from 336L to 540L with standard 60:40 rear seat split, largest rear knee room, high command driving position, best-in-class front seat couple distance, front armrest with storage, and cooled glove box, making interiors a perfect amalgamation of comfort and design.
The New Nissan Magnite comes loaded with 20+ first & Best-In-Segment features including premium quilted leatherette seat with Heat Guard Tech, continuous multi colour Ambient Light with memory function, Plasma Cluster air ionizer, new global smart key with Remote Engine Start with 60m range, Walk Away Lock (WAL) & Approach Unlock (AUL) function, biggest electronic bezel-less auto dimming IRVM, Full LED Exterior pack including LED Headlamp, LED Taillamp, LED Day time Running Light, LED Indicator, and LED Front Fog Lamp.
The new model also features Around View Monitor, 17.78 cm full digital advanced multi-functional cluster with dark theme, floating 20.32 cm (8) touchscreen infotainment system with Wireless Android Auto & Apple CarPlay, 3D sound by ARKAMYS, and cruise control, making Nissan Magnite the most premium car in the category ready to pamper the new age customers.
Along with these, the New Nissan Magnite also provides consumers with a option of a unique tech pack which has a dashcam, wireless charger, premium speakers (JBL powered by Harman), puddle lamps and LED scuff plates.
New Nissan Magnite continues to offer a range of sporty and fun-to-drive powertrains that provide a thrilling driving experience for customers. The HRA0 1.0 turbo engine is one of the most fuel-efficient engines (ARAI certified 20 kmpl) among B-SUVs in the market, delivering higher torque at lower speed, giving a dynamic feel with strong acceleration at take-off.
The HRA0 1.0-litre comes with Mirror Bore Coating Cylinder Block technology which is used in Nissan’s world class sports cars such as Nissan GT-R, cylinder head with integrated exhaust manifold, split cooling, forged crank shaft, electric turbo actuators, improving performance and fuel efficiency and reducing NVH & emissions.The HRA0 1.0-litreturbo engine will be available with 5 Speed and X-TRONIC CVT gearbox.
The automatic gearbox, is the 3rd generation XTRONIC-CVT transmission, offering wider gear range that delivers seamless performance even in peak city traffic, better fuel economy, and acceleration thanks to improvements including a twin oil pump system with new electrical oil pump. Its D-step logic control computer software uses dynamic inputs like vehicle speed, accelerator pedal position and application speed to determine the ideal gear ratio needed to deliver an exhilarating drive and smooth cruises on the highways.
New Nissan Magnite to also come with a B4D 1.0-litre which is a naturally aspirated engine with manual or EZ-Shift (AMT) option.
As safety is paramount for Nissan, the New Magnite has further pushed the envelope to ensure Best-in-Class Safety – with 40+ standard active & safety feature and 55+ total safety features. These include; 6 Airbags (2 Front Airbags/2 Side Airbags/2 Curtain Airbags), Vehicle Dynamic Control (VDC), Traction Control System (TCS), Hill Start Assist (HAS), Hydraulic Brake Assist (HBA), Anti-Lock Braking System (ABS), Electronic Brake-force Distribution (EBD), Tyre Pressure Monitoring System (TPMS).
In addition to the above, customers can enjoy driving friends and families with complete peace of mind thanks to further safety features such 3 point seat-belt for all seats, seat-belt reminder for all seats, child lock, ISOFIX child seat anchorages, and rear parking sensor now coming as standard fitment across all variants – ensuring that every journey is not just comfortable, but more secure than ever. This comprehensive safety suite is complemented with improved body structure with 67% advanced and High Tensile Strength Steel. In addition, the New Magnite also comes with a 3-year / 100K kms warranty as standard, ensuring the peace of mind and enhancing the ownership experience for customers.
The New Magnite doesn’t just meet expectations; it exceeds them by offering a strong and modern presence on the road, best-in-class technology, and safe driving experience – all at an unbeatable price. This facelift underscores Nissan’s commitment to delivering exceptional value, making the New Magnite a great value proposition for customers seeking a vehicle that stands out in every aspect.
The launch of the New Magnite, and expansion to additional markets thanks to left-hand drive, highlights Nissan India’s role as a key automotive manufacturing hub. Combining Japanese design with efficient local production, the Magnite delivers great features and impressive performance to customers worldwide.
The state-of-the-art Nissan-Renault alliance plant in Chennai is a prime example of Nissan’s commitment to the India market. From this flagship facility, Nissan retains its firm focus on constant innovation – in order to meet the evolving requirements of today’s customers, while strengthening its presence in the region. This approach, and India as market, sit at the heart of The Arc, Nissan’s global business transformation plan based around strengthening its product portfolio, advancing electrification across key markets, exploring new approaches to engineering and manufacturing, the adoption of new technology, and harnessing strategic partnerships to drive value and strengthen competitiveness.
Building upon the resounding success of the 2023 Magnite GEZA Special Edition, Nissan Motor India has introduced the Nissan Magnite GEZA CVT Special Edition, at a starting price of INR 9.84 lakh. Driven by the overwhelming response from the 2023 GEZA Special Edition and coupled with extensive customer feedback, the Nissan Magnite GEZA CVT Special Edition has been launched on the 1st year anniversary of the GEZA Special Edition.
Inspired by Japanese theatre and its expressive musical themes, the Magnite GEZA CVT Special Edition is designed to offer a special package for music enthusiasts by offering bigger infotainment features and a premium speaker system that delivers an enhanced sensory experience.
For the first time since its launch last year, the Magnite GEZA CVT Special Edition will offer a range of infotainment offerings, making it even more appealing to consumers. This is Nissan’s most accessible and premium CVT Turbo in the B-SUV segment, offering the best value for money.
It is equipped with a host of innovative features which include:
· High-resolution 22.86cm touchscreen
· Android CarPlay with wireless connectivity
· Premium JBL speaker system
· Rear camera with trajectory line
· Ambient lighting with Nissan app-based controls
· Premium beige coloured seat upholstery as optional
· Unique GEZA Edition badge
This is the most advanced infotainment offering among all Nissan Magnite CVT variants.
Mr. Saurabh Vatsa, Managing Director, Nissan Motor India Pvt. Ltd. (NMIPL), said, “We are delighted to introduce the newest variant of the Magnite following the tremendous success of the GEZA Special Edition last year. We have identified a significant opportunity based on customer feedback in the market to offer premium features at an accessible price point.”
“The Magnite GEZA CVT Special Edition is the only CVT Turbo available at such a competitive price with features that no other product offers in the market. It underlines our commitment to delivering best-in class technology, premium features and advanced infotainment offerings at an accessible price.”
The Magnite GEZA CVT Special Edition comes with a rear-view camera with trajectory guidelines and screen response, which ensures greater safety and convenience, better drive visibility, and a clearer view of obstacles. Available at an accessible price range of under INR 10 lakh, it is available exclusively in the HR10 Turbo CVT lineup, catering to customers who seek advanced infotainment offerings.
The success of the previous 2023 Magnite GEZA Special Edition is a testament to Nissan’s dedication to meeting customer demands and driving innovation. The Magnite GEZA CVT Special Edition enriches this legacy with its advanced technology, affordability, and unmatched value for Indian customers.
Nissan Motor Co., Ltd, has launched The Arc, its new business plan to drive value and strengthen competitiveness. The plan is focused on a broad-based product offensive, increased electrification, new approaches to engineering and manufacturing, the adoption of new technologies, and the use of strategic partnerships to increase global unit sales and improve profitability.
The plan is positioned as a bridge between the Nissan NEXT business transformation plan running from fiscal 2020 through fiscal 2023 and Nissan Ambition 2030, the company’s long-term vision. The new plan is split into mid-term imperatives for fiscal years 2024 through 2026, and mid-long-term actions to be carried out through 2030.
Nissan President and Chief Executive Officer Makoto Uchida said: “The Arc plan shows our path to the future. It illustrates our continuous progression and ability to navigate changing market conditions. This plan will enable us to go further and faster in driving value and competitiveness. Faced with extreme market volatility, Nissan is taking decisive actions guided by the new plan to ensure sustainable growth and profitability.”
Under the two-part plan, Nissan will first take actions to ensure volume growth through a tailored regional strategy and prepare for an accelerated transition to EVs, supported by a balanced electrified/ICE product portfolio, volume growth in major markets and financial discipline. Through these initiatives Nissan aims to lift annual sales by 1 million units and increase its operating profit margin to more than 6%, both by the end of fiscal year 2026. This will pave the way for the second part of the plan aimed to enable the EV transition and realize long-term profitable growth, supported by smart partnerships, enhanced EV competitiveness, differentiated innovations and new revenue streams. By fiscal year 2030, Nissan sees a revenue potential of 2.5 trillion yen from new business opportunities.
Balanced product portfolio
Nissan plans to launch 30 new models over the next three years, of which 16 will be electrified, and 14 will be ICE models, to meet the diversified customer needs in markets where the pace of electrification differs. Nissan plans to launch a total of 34 electrified models from fiscal year 2024 and 2030 to cover all segments, with the model mix of electrified vehicles expected to account for 40% globally by fiscal year 2026 and rise to 60% by the end of the decade.
Ensuring market growth through a tailored regional strategy
In key regions and markets, Nissan’s actions by fiscal year 2026 (unless otherwise indicated) include:
Americas:
Increase across-region sales by 330,000 units (in fiscal year 2026 and compared to fiscal year 2023) and invest 200 million USD in integrated customer experience in the U.S.
In the U.S. and Canada: Launch seven all-new models
In the U.S.: Refresh 78% of passenger vehicle line-up for Nissan brand and launch e-POWER and plug-in hybrid models
China:
Refresh 73% of Nissan-brand models and launch eight new-energy vehicles (NEVs), including four Nissan-branded models
Target 1-million-unit sales in fiscal year 2026, representing an increase of 200,000 units
Start vehicle exports in 2025; Aim for 100,000 unit level
Continue to optimize production capacity with local partners
Japan:
Refresh 80% of passenger model line-up, launching five all-new models
Achieve a 70% electrified level in passenger vehicle line-up
Increase sales by 90,000 units (compared to fiscal year 2023) to 600,000 units in fiscal year 2026
Africa, Middle East, India, Europe and Oceania:
Increase across-region sales units by 300,000 units (in fiscal year 2026 and compared to fiscal year 2023)
In Europe: Launch six all-new models; achieve 40% EV passenger-vehicle sales mix
In the Middle East: Launch five all-new SUVs
In India: Launch three all-new models and become a hub for exports, at a level of 100,000 units
In Oceania: Launch a 1-ton pickup and introduce a C crossover EV
In Africa: Launch two all-new SUVs and expand A-segment ICE vehicle
EV competitiveness
The product offensive will be supported by new development and manufacturing approaches aimed to make EVs more affordable and increase profitability. By developing EVs in families, integrating powertrains, utilizing next-generation modular manufacturing, group sourcing, and battery innovations, Nissan aims to reduce the cost of next-generation EVs by 30% (when compared to the current model Ariya crossover) and achieve cost-parity between EVs and ICE models by fiscal year 2030.
In the area of family development alone, the cost of subsequent vehicles – those developed based on the main vehicle in the family – can be reduced by 50%, the variation of trim parts reduced by 70% and development lead time shortened by four months. By adopting modular manufacturing, the vehicle production line will be shortened, reducing the production time per vehicle by 20%.
Under the Arc plan, more plants in Japan and overseas will adopt the Nissan Intelligent Factory concept, with the Oppama and Nissan Motor Kyushu plants in Japan, the Sunderland Plant in the UK and Canton and Smyrna plants in the U.S. starting the adoption from fiscal year 2026 through 2030. Meanwhile the EV36Zero production approach will be extended from Sunderland in the UK to plants including Canton, Decherd and Smyrna in the U.S., and Tochigi and Kyushu in Japan from fiscal year 2025 through 2028.
New technologies
The plan includes proposals to accelerate the evolution of vehicle intelligence technologies such as next-generation ProPILOT driver-assistance system, which realize door-to-door autonomous driving technology from on-highway to off-highway, private premises, and parking.
Nissan will offer enhanced NCM li-ion, LFP and all solid-state batteries to provide diversified EVs to meet different customer needs. Nissan will significantly enhance NCM li-ion batteries, reducing quick-charging time by 50% and increasing energy density by 50% compared to the Ariya. LFP batteries, to be developed and produced in Japan, will be launched that will reduce cost by 30% compared to the Sakura EV minivehicle. New EVs with enhanced NCM li-ion, LFP and all-solid-state batteries will be launched in fiscal year 2028.
Strategic partnerships
Nissan will harness strategic partnerships to stay competitive and offer a global portfolio of products and technology. Nissan will continue to leverage the alliance with Renault and Mitsubishi Motors in Europe, LATAM, ASEAN and India. In China, Nissan will fully utilize its local assets to meet the needs of China and beyond; and explore new partnerships in Japan and the U.S. Batteries will be developed and sourced with partners to bring 135 gigawatt hours of global capacity.
Financial discipline to deliver resilient, profitable performance
Underpinning the plan is firm financial discipline, enabling stable CAPEX and R&D investment ratio versus net revenue of between 7% to 8% excluding battery capacity investment. Additionally, Nissan plans to invest more than 400 billion yen in battery capacity. Meanwhile, investment in electrification will increase progressively, becoming more than 70% by fiscal year 2026.
Managing these investments is aimed to allow delivering benefits to all stakeholders, with Nissan maintaining positive free cash flow before M&A – even after electrification investments. This is to secure total shareholder return at more than 30%. Nissan aims to maintain net cash at a healthy level of 1 trillion yen throughout the Arc plan period.
“Under this comprehensive plan we will enhance Nissan’s competitiveness and achieve sustainable profitability,” added Uchida. “Nissan is confident that it has what it takes to properly execute this plan, which will provide us with the firm foundation we need to bridge to our Nissan Ambition 2030 vision.”
Power Drive 