In the News
Nissan aims to cut cost of making electric cars by nearly a third by 2030
25th March 2024
Nissan has announced that, in the face of intense Chinese competition, they are going to reduce the cost of manufacturing electric cars by 30%. They think that greater concentration on EVs, battery innovation, modular manufacturing and bulk-buying of parts - all benefiting from economies of scale - will give them greater price competitiveness. All great applied micro!
Nissan is targeting an additional 1 million unit sales in the next three years and a 30% reduction in electric vehicle production costs by 2030. https://t.co/6ILTIpTkVJ
— CNBC International (@CNBCi) March 25, 2024
Graham Watson
Graham Watson has taught Economics for over twenty years. He contributes to tutor2u, reads voraciously and is interested in all aspects of Teaching and Learning.
You might also like
Electric Cars and the S Curve - What Impact on Global Demand for Oil?
24th February 2016
Nissan to make new Qashqai and X-Trail models in Britain
30th October 2016
Electric vehicles at heart of UK industrial strategy
27th November 2016
Norway's Electric Car Success
15th June 2017
Derived Demand - Soaring Demand for Electric Vehicle Batteries
16th August 2017
Dyson considers move into the electric car market
2nd October 2017
China eyes the prize in the fast-growing e-vehicle industry
3rd October 2017