Nissan is charging ahead in the electric vehicle (EV) revolution with the development of an affordable A-segment EV for global markets, and India is firmly on the roadmap. Nissan Motor Corporation CEO Makoto Uchida has confirmed that the company is working on a “global affordable EV” that includes plans for the Indian market.
Electrification Gains Momentum: On the sidelines of the Japan Mobility Show in Tokyo, Uchida emphasized the accelerating pace of electrification worldwide and Nissan’s commitment to embracing this transformation. He highlighted the company’s efforts to adapt and prepare for a future where EVs play a pivotal role.
Affordable EV for India: Uchida revealed that Nissan is dedicated to creating an A-segment EV that will be cost-competitive and appealing to a broader range of consumers in India. With strong competition in the EV segment, especially from China, Nissan aims to showcase its capabilities and capture a significant share of the affordable EV market.
Nissan’s EV Endeavors in India: Nissan’s commitment to the Indian EV market is evident through its partnership with Renault and a substantial investment of $660 million for the development of C-segment and A-segment EVs in the country. Francois Bailly, SVP and chief planning officer for the AMIEO (Africa, Middle East, India, Europe, and Oceania) region, disclosed that Nissan plans to go “all-in” on EVs in India, focusing on an all-electric platform rather than ICE-derived or multi-powertrain vehicle platforms. This approach aligns with the company’s confidence in the growth of EVs in India.
The Road Ahead: Nissan views India as one of the top three global markets, with significant growth potential. The country not only serves the domestic market but also holds export opportunities. The introduction of the A-segment EV is just the beginning of Nissan’s EV journey in India. The company envisions expanding its EV lineup to cater to various segments and provide the right alternatives for the Indian marketplace.
Ariya EV and Micra EV in the Pipeline: Nissan has exciting plans for India, including the exploration of an imported Ariya EV for 2024. Additionally, the CMF-B platform, which is set to underpin its C-segment SUVs in India, is likely to spawn an EV in the near future. Nissan is gearing up to be a significant player in India’s rapidly growing EV market, ensuring a smooth transition to electric mobility.
As Nissan takes a bold step toward electrifying India, the affordable A-segment EV is poised to be a game-changer in the country’s automotive landscape.
