'The role of companies to address societal needs is increasingly heightened.'
The Japanese automaker will spend nearly $18 billion over five years to accelerate its electrification plan.Japanese car giant Nissan Motor Co. said it plans to invest $17.6 billion to accelerate its electrification plans, as the industry as a wholeNissan said it will invest 2 trillion Japanese yen over the next five years and will launch 23 new electrified models, including 15 new electric vehicles.
"We want to transform Nissan to become a sustainable company that is truly needed by customers and society," Uchida added. Nissan was among the original pioneers of mainstream electric vehicles with its battery-powered Leaf, which first launched in 2010. A growing number of major carmakers, from Ford to General Motors, have similarly announced recent plans to invest heavily in electrification.Nissan Leaf - a full electric plug-in vehicle or EV, is connected to an Energy company charger near the Auchan shopping mall on a dedicated to the EV's parking place in a green color is seen in Gdansk, Poland, Oct.
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