Nissan CEO weighs in on how the EV market has changed since Covid

  • 📰 nbcchicago
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 51%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Nissan chief Makoto Uchida said it’s important for EV makers to tailor their approach to specific markets.

Nissan's global scale will give it an advantage as it works to lower the costs of EV components, Uchida added.'s CEO says that when it comes to electric vehicles, the world has changed a lot since Covid – and now, people in different parts of the world want very different things from their battery-powered cars.

Speaking to CNBC's Martin Soong, Nissan CEO Makoto Uchida said that while more and more customers are stepping up to buy EVs, the pace of adoption varies greatly by market, as do the wants and needs of buyers. Uchida said that differences in government incentives, in costs, in levels of regional competition, and in customer adoption rates have all combined to make the U.S., Europe, Japan, and China sharply different markets for electric vehicles.Nissan's global scale will give it an advantage as it works to lower the costs of EV components like motors and batteries that can be shared among many different types of vehicles, Uchida said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 545. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Nissan CEO weighs in on how the EV market has changed since CovidNissan chief Makoto Uchida said it's important for EV makers to tailor their approach to specific markets.
Source: CNBC - 🏆 12. / 72 Read more »