Nissan raises global EV targets and U.S. localisation in line with Inflation Reduction Act


Nissan Motor has raised its electrified vehicle sales targets and announced plans to increase powertrain production in the United States in a bid to comply with the new Inflation Reduction Act. 

Nissan has raised its target for electrified vehicles, which include its advanced hybrid e-power vehicles, to more than 55% of global sales by fiscal 2030, up from 50% previously.

To achieve this, the company is planning to sell less combustion engine vehicles. By 2026, Nissan expects at least 44% of its sales globally to come from electric cars. That number is significantly different for Europe, where the company forecasts at least 98% of its sales in that year to come from a mix of EVs, PHEVs and EREVs such as the latest X-Trail.

The automaker stated in a statement that they plan to have 27 new electrified vehicles by 2030, 19 of which will be all-battery EVs. In comparison, Nissan’s previous plan called for 23 electrified vehicles, including 15 all-electric vehicles.

In addition to EV production at its Smyrna, Tennessee plant, Nissan plans to build electric power trains at its Decherd plant in the same state to help it meet Inflation Reduction Act requirements, according to Chief Operating Officer Ashwani Gupta.

Gupta added that Nissan is confident it will be in compliance with the Act due to localisation beginning in calendar year 2026, as it attempts to catch up in a segment dominated by newer automakers such as Tesla Inc.