Automakers

Nissan to invest nearly $18B for electrification push

Nissan CEO Makoto Uchida, with the Chill-out concept
Nissan CEO Makoto Uchida, with the Chill-Out concept, introduced last summer, is readying a big investment in an electrification push through the end of the decade. (NISSAN)
November 29, 2021 01:00 AM

TOKYO – Nissan will invest 2 trillion yen ($17.65 billion) in the next five years to accelerate an electrified vehicle push with 23 new entries worldwide by the end of the decade, along with the breakthrough development of solid-state batteries.

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