"Nissan's Ambitious Plan: 1 Million More Vehicle Sales and Reduced EV Costs in 3 Years"

Nissan aims to achieve an additional 1 million vehicle sales over the next three years and reduce electric vehicle production costs by 30% by 2030. The company plans to launch 30 new models by fiscal year 2026, with 16 of them being electrified, and aims for EV and combustion engine costs to reach parity by 2030. The medium-term business plan, named The Arc, also targets an operating profit margin of over 6% by the end of fiscal 2026 and potential revenues of 2.5 trillion yen ($16 billion) from new business opportunities by fiscal 2030.