Nissan Motor Co has decided to pause the development plans for two battery-powered sedans while expanding its electric vehicle (EV) lineup to five vehicles in the United States.
This adjustment in the timeline aims to ensure the strategic introduction of these models to the market. The company’s spokesperson emphasized the importance of bringing these vehicles to market at the right time.
Nissan Expanded EV Lineup Includes SUVs:
The new lineup for the U.S. market will not only include battery-powered sedans but also feature battery-powered crossover SUVs. While the electric sedans remain part of Nissan’s production plan, the company anticipates a faster rollout of the SUVs compared to the sedans.
Nissan also announced that its Canton, Mississippi factory will support the manufacturing of its next-generation vehicles, indicating a commitment to the production of electric and hybrid models in the U.S.
Shifting Market Dynamics and Demand:
The decision to adjust EV development plans comes amidst weaker-than-expected demand for electric vehicles globally. This trend has prompted automakers to reassess their electrification strategies and focus on hybrids and gas-powered models instead.
Additionally, the increasing preference for crossover SUVs and pickup trucks over sedans has influenced Nissan’s decision, aligning with consumer demand for larger, more versatile vehicles.
Nissan Previous Plans and Current Realignment:
In March, Nissan outlined plans to accelerate its EV transition globally, including the introduction of seven new models in the United States by 2026 and establishing an EV manufacturing hub in the country.
However, the company’s decision to pause production plans for its first next-generation electric vehicles in the U.S. suggests a recalibration of its approach in response to market dynamics and demand shifts.