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Nissan aims to cut cost of making electric cars by nearly a third by 2030

Graham Watson

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!

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.

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