Nissan Motor Co., Ltd. today launched The Arc business plan to increase value and strengthen competitiveness.
This plan is a bridge between the Nissan NEXT Business Transformation Plan (2020-2023) and Nissan Ambition 2030.
The plan is divided into medium-term actions from 2024 to 2026 and medium- to long-term actions until 2030, and includes strengthening the product portfolio, promoting electrification, introducing new development and manufacturing methods, and focusing on strategic partnerships. The aims.
Makoto Uchida, Nissan President and CEO, said, “The Ark program charts a path for our company's future. It demonstrates our company's continued progress and ability to successfully navigate changing market conditions. I am.
“This plan will enable us to drive value and competitiveness even faster. Facing extreme market volatility, Nissan is implementing new plans to ensure sustainable growth and profitability. We are taking decisive action based on this.”
This plan includes accelerating the transition to EVs, supported by a balanced electrification/ICE product portfolio. Nissan plans to release 30 new models (16 electric models and 14 ICE models) over the next three years. A total of 34 electric models could be launched between 2024 and 2030.
Additionally, under the Arc plan, more factories will adopt the Nissan Intelligent Factory Concept. Additionally, the EV36Zero production approach is scheduled to expand from 2025 to 2028 from Sunderland in the UK to plants including Canton, Dechard and Smyrna in the US, and Tochigi and Kyushu in Japan.
Nissan plans to generate 2.5 trillion yen in revenue by fiscal 2030 from new business opportunities.