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Nissan to overhaul electric powertrains for EVs, hybrids in search of cost cuts

Nissan Motor Co Ltd plans to overhaul its approach to powertrains for all-electric and hybrid petrol-electric vehicles to reduce development and production costs. It plans to use solid-state batteries with cheaper materials to reduce costs.

  • Nissan Motor Co Ltd will overhaul its approach to powertrains for all-electric and hybrid petrol-electric vehicles as it aims to bring hybrid prices in line with those of petrol-powered cars by 2026.
  • It will use the same components across models to make electric powertrains smaller and lighter, and reduce development and production costs by 30% within three years.
  • It will also use solid-state batteries with cheaper materials, such as nickel and cobalt, to reduce costs.
Nissan to overhaul electric powertrains for EVs, hybrids in search of cost cuts
Nissan Motor Co Ltd on Thursday said it will overhaul its approach to powertrains for all-electric and hybrid petrol-electric vehicles as it aims to bring hybrid prices in line with those of petrol-powered cars by 2026.

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