Nissan trims petrol output as Chinese EV demand outpaces expectations
Nissan said it will reduce the manufacture of petrol‑powered cars in China and increase output of battery electric vehicles and plug‑in hybrids, the…
Nissan said it will reduce the manufacture of petrol‑powered cars in China and increase output of battery electric vehicles and plug‑in hybrids, the Guardian reported. The Japanese automaker said the "shift to new energy vehicles is happening faster than expected" and that it had been caught out by accelerating sales of electric and hybrid models in the world's biggest automotive market. The company also cut its sales forecasts for China, citing a "brutal price war" that is pressuring margins. Nissan plans to scale back traditional internal‑combustion production while expanding the mix of fully electric and hybrid models that use a smaller battery together with a petrol engine. The move reflects the rapid change in consumer preferences and competitive dynamics in China, where demand for cleaner vehicles is rising sharply.
Why it matters
The shift highlights how quickly Chinese buyers are adopting electric and hybrid cars, forcing major manufacturers like Nissan to overhaul production plans.
Key details
- Location
- China · Asia
- Reported by
- The Guardian
- First reported
- Key names
- EV, Business, Japanese, Nissan
- Section
- Business
Sources
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