"Nissan's chief executive Ivan Espinosa stated that the company is pinning its hopes on AI-defined vehicles, aiming to install autonomous driving technologies on 90% of its vehicles in the future."
"Espinosa emphasized that performance pressures arise from structural challenges, noting that the portfolio aged faster than the market and costs rose faster than volumes."
"Nissan revealed its new battery electric Juke, which will be built in Sunderland, and reaffirmed its commitment to hybrids, including a new hybrid Rogue SUV targeted at the US market."
Nissan aims to enhance its vehicle lineup by incorporating self-driving technology into 90% of its cars while reducing its model offerings from 56 to 45. This strategy is part of a broader effort to cut costs, which includes closing seven factories and laying off 20,000 employees. The company faces challenges from rising costs and an aging portfolio. Nissan is also focusing on battery electric vehicles and hybrids, with new models like the Juke and Rogue SUV to support its electrification plans.
Read at www.theguardian.com
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