2023-12-17 19:20:37
© Reuters. Nissan logo in Sunderland, United Kingdom 7/1/2021 REUTERS/Phil Noble
BEIJING (Reuters) – Nissan Motor said on Sunday it will sell Chinese-developed electric vehicles (EVs) around the world, after reaching a deal with the country’s top university to leverage local resources to accelerate research and development in electrification .
The Japanese automaker is considering exporting its existing lineup of internal combustion engine vehicles and upcoming pure-electric and plug-in hybrid cars made and developed in China to international markets, said Masashi Matsuyama, vice president of Nissan Motor and president of Nissan China, to reporters in Beijing.
Nissan is considering reaching the same markets as Chinese rivals such as BYD, he said.
The company is joining foreign brands including Tesla (NASDAQ:), BMW and Ford (NYSE:), which are expanding their exports of Chinese-made automobiles to exploit the country’s lower production costs and increase capacity utilization. of its factories.
China accounted for just over a fifth of Nissan’s global sales of around 2.8 million vehicles in the first 10 months of the year, down from more than a third in the same period last year.
Nissan announced that it will establish a joint research center with China’s prominent Tsinghua University next year, focused on the research and development of electric vehicles, including battery charging and recycling infrastructure.
(Reporting by Zhang in Beijing and Daniel Leussink in Tokyo)
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