Nissan Could Bury an Iconic Model

Published by
The Street

By Luc Olinga The legacy automaker is on the offensive in the electric vehicle market. Nissan ( (NSANF) ) is determined to expand its presence in the electric vehicle market. And to do this, the legacy carmaker recently announced a strategic plan providing for 2 trillion yen in investments ($17.6 billion) over the next five years to accelerate the deployment of its electric vehicles. This ambitious plan includes the launch of 23 new electrified models by 2030, half of which will be 100% electric. Overall Nissan expects 50% of Nissan and Infiniti brand sales to be generated by electric vehicles…

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