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.
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An award-winning journalist and editor, with two decades of experience covering the motor retail industry, and accredited by the Institute of Leadership and Management (ILM) plus the National Council for the Training of Journalist (NCTJ)
As editor of AM since 2016, Tim is responsible for its media content, planning and production across AM's multiple channels, including the website, digital reports, webinars, social media and the editorial content of AM's events, Automotive Management Live and the AM Awards. His focus is on interviewing senior leaders of franchised dealer groups and motor manufacturer national sales companies to examine latest developments in UK motor retail.
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