Flirty with 2030As an early competitor in the EV space, Nissan has once again come out swinging in this hot new market.
- Nissan unveiled its “Ambition 2030” vision, investing $17.6bn in the next five years to roll out 23 new electric models by 2030.
- It joins a long list of old-school automakers (including Volvo (VOLV_B), BMW (BMW), GM (GM) and Ford (F)), who are dramatically ramping up their EV efforts.
- Prices plummeted nevertheless, losing over 10% in two sessions after its CEO warned that the chip shortage is still eating into its earnings.
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