Nissan reduces petrol car production as EV sales boom in China
Nissan is cutting petrol car production and shifting focus toward electric and hybrid vehicles due to intense competition in the Chinese market. The company lowered its global sales forecast, citing a faster-than-expected transition to new energy vehicles in China.
Why it matters
This shift highlights the broader struggle of legacy automakers to compete with Chinese EV manufacturers in a rapidly evolving global automotive market.
Nissan’s only European factory is in Sunderland. Nissan’s only European factory is in Sunderland. Nissan Nissan reduces petrol car production as EV sales boom in China Manufacturer says ‘shift to new energy vehicles is happening faster than expected’ and market is harsh
Prefer the Guardian on Google The Japanese carmaker Nissan has said it has been caught out by accelerating sales of electric and hybrid cars in China amid a brutal price war in the world’s biggest automotive market.
The manufacturer slashed its sales forecasts for China and said it would cut back on petrol car manufacturing while increasing production of battery electric vehicles and plug-in hybrids, which combine a smaller battery with a petrol engine.
Nissan said it expected to sell between 2.97m and 3m cars this year, down from a previous forecast of 3.15m, mainly because of struggles in China.
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