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Nissan Foresees 2025 As Turning Point For EVs

Nissan Foresees 2025 As Turning Point For EVs

Snapshot: Nissan predicts electric car price can start decreasing from middle of next decade.

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Nissan expects that electric cars will see a new era from 2025 as the pricing of such cars will start decreasing from that time. The Japanese auto giant believes 2025 is going to be a milestone for the electric cars across the world and pricing of such green cars will start lowering from the specific time period.

Nissan’s executive vice-president Mr. Daniele Schillaci predicts that pricing of the battery electric powered cars will come at the same level as the petrol and diesel powered models in 2025. This means, the government won’t need to offer subsidy or incentives for the electric vehicles. No wonder, Nissan aims to take its EV sales number even higher by then compared to now.

With its alliance with Renault and Mitsubishi, Nissan is currently the biggest electric car manufacturer in the world. The brand launched its first electric car Leaf EV back in 2010 and since then it has sold more than 5 lakh units across the world. Interestingly, Nissan is keen to launch the Leaf EV in Indian market in near future. Considering the fact that India is aiming to adopt zero emission pure electric mobility across the country by 2030, Nissan Leaf EV could be an interesting car here.

So far, it is clear that electric cars are going to see a boost in production and sales in coming years. The Renault-Nissan-Mitsubishi alliance has announced that it will launch 12 all-new electric vehicles in global market by 2022. Apart from that, several other major automakers across the world are also focusing on electric powered vehicles.

For instance, Volkswagen aims to roll out 3 million battery electric or hybrid vehicles by 2025. The German brand is keen to grab a large chunk of global EV market. Other brands like Ford, Volvo, Mercedes-Benz, BMW too are keen to play significant role in the world EV market, In India too, Mahindra is already leading the segment and Tata Motors has started working on its own EVs.

Source: Financial Times

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