Nissan has a new global plan called the Arc to sell one million more vehicles globally, introduce new types of batteries, and reduce the costs of electric cars by 30%.

The Arc is Nissan's second midterm plan under CEO Makoto Uchida, who took over in December 2019 after the former chairman, Carlos Ghosn, was removed. Uchida's first plan, Nissan Next, aimed to increase sales, profits, and savings.

It has announced this strategy to tackle its struggles with electric vehicle adoption and declining sales globally, and wants a one million unit increase in sales by March 2027, which would mean overall sales nearing five million vehicles annually.

Nissan’s global EV sales peaked at 146,300 vehicles in 2022 and declined last year to 138,500. 

As part of the plan, Nissan will increase its global battery capacity by 135 gigawatt-hours and launch 30 new models over three years. Sixteen of these will be electric cars, while the rest will use traditional engines.The company plans to invest more than $2.64 billion in new battery capacity, which will allow them to make around 1.35 million electric cars by 2030.