Nissan aims to manufacture electric cars in India

- Advertisement -
- Advertisement -

Carlos Ghosn led Nissan Motor Co. is looking at manufacturing an all-electric budget small car in India but has sought concessions from the government to support sales of the clean cars.

Nissan, electric cars, EV, electric vehicles, India
Image for representational purpose only

A price of around Rs 7 lakh is being considered for the car which is under study presently. This may perhaps make the car the cheapest private electric passenger vehicle in the country, less expensive than even Mahindra & Mahindra’s e2O mini car.

Nicholas Thomas, Global Director for Nissan’s electric vehicles told TOI, “If you want to sell electric cars with significant volumes in India, you have to make them there. We are considering this (local manufacturing) as part of a study”.

- Advertisement -

The company is also looking at exporting the India made electric cars and may sell it in other Asian countries to gain economies of scale and ride on India’s low-cost manufacturing processes.

He further said that the government needs to come up with credible solutions to support the growth of electric cars till they are in their infancy. He also stated that the company had many rounds of discussions with the Indian government on this issue. Though Nissan’s target of having electric cars by 2030 is very clear, there is no clear road map on how to get there since the company is seeking more clarity on this issue.

Thomas said that despite battery costs coming down over the last few years, it will still take few years for the costs to come down to a level where they can sell electric cars at prices which are lower than what they charge for the current petrol and diesel vehicles. Until that time, Nissan needs subsidies from the government to promote their sale and encourage mass adoption. Otherwise, for Nissan, the transition to the cleaner vehicles will take longer.

- Advertisement -

Related Artcles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Exclusive

“More Chargers Provide Security And Confidence To Customers, Encouraging EV Adoption”

0
With an agenda to transform the EV industry, EarthtronEV has established 250+ charging stations on major highways across India. The company aims to interconnect...

5G RedCap To Transform IoT Module Shipments

0
Over 60% of IoT module shipments will originate from the Asian & Oceania region. Automotive sector is expected to be a significant driver. The...
XR Headset Quest 3, Meta

Global XR Headset Shipments See A Major Decline, Sony Rises

0
Sony grabbed a market share of 24% in 2023 up from 1% in 2022. Bulky form factor, and lag, hinder adoption by serious...

Buzz

Tenstorrent- RISC V cores

MosChip Collaborates With Tenstorrent For Advanced RISC-V Cores

0
Tenstorrent has selected Moschip due to their tape out expertise in design services. India’s MosChip Technologies has announced partnership with computing company Tenstorrent and to...

BYD Aims For 20% Increase In Yearly EV Sales

0
The company is targeting sales of 500,000 vehicles internationally this year, over twice the amount sold last year, and aims to increase that figure...

RRP Electronics To Invest ₹5000 Cr In OSAT and R&D In Maharashtra

0
Cricket legend Sachin Tendulkar is investing in this semiconductor facility. Such celebrated personalities investing in the sector could be a great asset to the...

Important Sectors

“More Chargers Provide Security And Confidence To Customers, Encouraging EV Adoption”

0
With an agenda to transform the EV industry, EarthtronEV has established 250+ charging stations on major highways across India. The company aims to interconnect...

BYD Aims For 20% Increase In Yearly EV Sales

0
The company is targeting sales of 500,000 vehicles internationally this year, over twice the amount sold last year, and aims to increase that figure...

RRP Electronics To Invest ₹5000 Cr In OSAT and R&D In Maharashtra

0
Cricket legend Sachin Tendulkar is investing in this semiconductor facility. Such celebrated personalities investing in the sector could be a great asset to the...

Subsidy Cuts Push E2W Makers Towards Budget Models

0
Electric two-wheeler manufacturers face reduced government subsidies and growing competition from established petrol vehicle brands in the upcoming fiscal year. These challenges compel them...

Nissan To Invest In Renault’s Ampere For EV Roadmap

0
The alliance aims to introduce both five-seater and seven-seater models for each brand in India. Japan's Nissan Motor has committed to investing in Renault's electric...

Manufacturing

JLR To Hire 250 Electrical Technicians For Future EVs

0
These new roles, part of a £15 billion investment, are in addition to 300 positions created last year by the British car maker. Jaguar Land...

Altmin India Partners With WMG To Advance Battery Tech

0
Altmin and WMG will collaborate to strengthen their global battery materials supply chain position by optimizing cathode materials and developing diverse cell designs across...

EVs To Cost Less Than Gas Vehicles by 2027, Says Gartner

0
Gartner predicts a faster decline in production costs compared to battery costs, which represent the most significant expense in an electric vehicle, accounting for...
MG

MG Motor To Set Up Battery Assembly Unit At Halol Facility

0
The company plans to investigate battery cell production in collaboration with external partners. Automaker MG Motor India is actively exploring the possibility of assembling and...

Servotech Boosts India’s EV Charging Infrastructure With Manufacturing Facility

0
The new facility is poised to start with an annual production capacity of 24,000 power modules and plan to scale up to 2.4 lakh...