Inside Nissan's Nearly $18 Billion EV Investment

With electrification at the center of its long-term strategy, Nissan plans to launch 23 new electrified models, including 15 new EVs, by 2030. (Nissan)

Nissan Motor Company has revealed its plans for the next decade, including a significant shift toward electrification, deepening its proprietary technologies, and expanding global operations. The automaker says it will invest 2 trillion yen (nearly $18B U.S. dollars) over the next five years to achieve its goals.

The announcement occurred during the reveal of its latest long-term vision dubbed Ambition 2030. Under this plan, Nissan will release 23 new models worldwide by 2030, with 15 being electric vehicles (EVs). By 2030, the automaker intends 40 percent of its U.S. sales to be EVs and to electrify 50 percent of its fleet.

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