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Nissan First Japanese Carmaker to End Most Development of New Gas Engines
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A new move to end the development of gas engines makes Nissan the first major Japanese automaker to begin moving fully to electric vehicles (EVs), as detailed in a new report.
Nissan plans to end the development of internal combustion engines (ICEs) for cars in all major markets except the U.S., according to Nikkei.
Instead, Nissan will focus on developing EVs as it phases the development of gas cars out of Chinese and Japanese markets.
Nissan Unveils Townstar Compact Van Electric Vehicle in Europe https://t.co/0Ry9uDQMQr
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Nissan said it still plans to use gas engines for hybrid vehicles.
The automaker has already ceased the development of gas engines for Europe and plans to continue minimal development of gas engines, especially for those in pickup trucks with high demand.
The automaker was also one of the early automakers to move to EVs with the unveiling of the Nissan Leaf nearly a decade ago.
In addition, Nissan and Renault announced a partnership last month to invest as much as $26 billion into EVs.
Independently, Nissan has also said it plans to spend $17.6 billion on a lineup of 23 new battery-powered vehicles between now and 2026.