"The heart of our strategy in terms of electrification is battery EVs and e-Power technology", Nissan Chief Planning Officer Philippe Klein told reporters at a briefing. The company is also targeting an 8% core operating profit margin and cumulative free cash flow of ¥2.5 trillion (US$23 billion).
"Our efforts are focused on delivering Nissan Intelligent Mobility, encompassing the three core elements of electrification, autonomous drive, connectivity and new mobility services", he added.
The ambitious goal, part of Nissan's "M.O.V.E.to 2022" business plan, includes an influx of new models.
Introduce an electric "kei" mini-vehicle in Japan.
Nissan Europe design boss Mamoru Aoki described the production vehicle it inspires as "a breakthrough model" that will crack the mainstream - a key achievement for the brand to reach its new targets.
The Japanese auto maker said on Friday it would develop eight new all-battery EVs over the next four years, including four models for China, where it is planning to expand.
Its Japanese rival, Toyota, had announced at the end of 2017 its intention to achieve, by 2030, at least 50% of its global sales with electric and hybrid vehicles (fuel/electric), against the 15%, at the moment.
Nissan expects electric and hybrid cars to account for half its European sales by 2025. Nissan will launch a C-segment vehicle - expected to be roughly the size of a Leaf - in China this year, followed by an "affordable EV" co-developed with eGT New Energy Automotive.
The company said fiscal 2022 is also the year by which it intends to incorporate internet connectivity in new models of its mainstay vehicles. This new affordable electric vehicle will be jointly developed by the Alliance and Dongfeng on an A-segment SUV platform. The range would be completed with two other models sold under the Venucia brand.
Alongside the all-electric cars, Nissan will expand availability of its e-Power hybrid powertrain, which is now offered on the Note and Serena in Japan. The company aims to sell 1 million such vehicles that year by offering them in 20 markets. It's unclear whether Nissan is talking about tech on the same level as the current ProPilot Assist system, which essentially combines adaptive cruise control with limited steering assist, or something more advanced.
Additionally, the "Move to 2022" strategy will also see the introduction of connected technology for all of Nissan's cars. A pilot program for that will begin in Japan within twelve months. Nissan's connectivity push will allow for over-the-air vehicle updates and the expansion of its "Easy Ride" ride-hailing service.
But the overall result has been unimaginable to many Republicans after campaigning on spending restraints and balanced budgets. President Trump is threatening to veto a $1.3 trillion spending bill due to a lack of funding for a border wall.
Special assistant attorney general Paul Barnes argued the state has an interest in protecting maternal health and "unborn life". Lawyer Rob McDuff says the clinic wants a federal judge to impose a temporary restraining order by Tuesday.
United said it compensated the passengers on that flight for the diversion, although it's unclear how they were compensated. He said the airline would consult independent experts in pet safety and that the airline is not ending the program.
Outside the prime minister's office, thousands of protesters have gathered nearly every day, demanding that Abe step down. It said it gave the false information as the school operator along with the government had demanded it do so.
Celebrity blogger Perez Hilton reported that Trump Jr. told O'Day that "he loved her and that he wanted to be with her". The reports did not say if the alleged affair with Aubrey O'Day played any role in Trump Jr.'s divorce.
Republican candidate for governor, State Senate Deputy Majority Leader John DeFrancisco says he welcomes Nixon to the race. And here Nixon was prior to the incident, blissfully unaware, like many of us before her, of her impending fate.
According to Cohen, a YouTube music service is in development to compete directly with Apple Music and Spotify . He promises lots of videos, playlists and more. "Everyone is drunk on the growth of subscription".
The Google Play team explained that instant apps were a response to the need to remove the steps required to install game titles. Well Google's decided they're a wonderful idea, which is why it's rolling out video ads to the Google Play store .
Some Trump defenders noted that President Barack Obama also called Putin when he was elected president in 2012. Against that backdrop, it should come as no surprise that Trump has a soft spot for Putin, a former KGB agent.
What was the need to lie to us? He had escaped along with Bangladeshis with the help of a caterer with a fake name Ali, she said. Most of the victims' family members said they were in touch with them until about 15 June 2014 when things took an ugly turn.
She took the test at the request of a U.S. magazine in a bid to discuss her alleged one-year affair with the billionaire. He said Daniels had been threatened but would not say if those threats came from anyone associated with Trump .
Russian expelled diplomats leave Moscow embassy in London
Some hugged before boarding vehicles to Stansted Airport near London for a flight to Moscow that landed later Tuesday. Russian Federation retaliated by expelling 23 British diplomats, who are expected to leave Moscow in the coming days.
Wednesday morning's updated Storm Team Forecast
Daytime highs should be in the mid-50s Thursday , Friday and Saturday , with overnight lows ranging from low 30s to mid-40s. Snow is usually accompanied with heavy winds, so it is important to anticipate and plan on staying indoors when possible.
Fourth fodder scam case verdict to be pronounced today
Sources added that the possible reason for the deferment of the case on Saturday was because of Lalu's deterring health issue. The Rashtriya Janata Dal chief has already been convicted in three earlier cases and faces more than 13 years in prison now.
Ex-Playmate Sues to Spill Beans About Trump
The suit says McDougal hired lawyer Keith Davidson in 2016, just after Trump had secured the Republican presidential nomination. She also called the agreement an illegal corporate donation from AMI to the Trump campaign that violated federal election law.