Nissan said it would overhaul the electrified powertrains of its pure electric and gasoline hybrid vehicles. The Japanese car brand further said the move aims to reduce the cost of hybrid vehicles to a level comparable to pure gasoline-powered models by 2026. With the move, the brand’s hybrid cars will be more affordable, as the automaker has hinted, Reuters reported.
Nissan said it would use the same auto parts in its models to create a smaller and lighter electric powertrain, the assembly that drives the vehicle, than what is used today. This will help the automaker reduce development and production costs by 30 percent over three years compared to 2019.
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In addition to this, Nissan is also promising to use solid-state batteries that are cheaper than the materials currently used, such as nickel and cobalt. These solid-state batteries, which use cheaper materials, will be used in Nissan’s future electric vehicles. Nissan Senior Vice President Toshihiro Hirai reportedly said the materials used in batteries are currently expensive, leading to higher costs for EV batteries. “Materials that do not use such expensive precious metals are being developed, which will be a major factor in reducing costs,” Hirai said.
Interestingly, Nissan isn’t the only automaker exploring how to make EVs affordable. Several other global auto giants have been trying different approaches to achieve similar goals, such as reducing the cost of electric powertrains, which have not yet reached the cost parity with those used in conventional fossil fuel-powered vehicles. Hirai also reportedly said Nissan would equip its subcompact and mid-size cars with streamlined powertrains from 2024 or 2025. The automaker claims that this strategy of introducing a smaller, lighter powertrain will improve the vehicle’s performance by making it more stable on different terrains. .
First published date: March 9, 2023 at 14:35 PM CST