Nissan launches global business plan ‘The Arc’

Nissan Motor Co., Ltd. today launched The Arc business plan to drive value and strengthen competitiveness.

The plan bridges the Nissan NEXT business transformation plan (2020-2023) and Nissan Ambition 2030.

Split into mid-term actions for 2024 to 2026 and mid-long-term actions through 2030, the plan aims to strengthen product portfolio, advance electrification, introduce new ways of developing and manufacturing, and focus on strategic partnerships.

Makoto Uchida, Nissan President and CEO, said: “The Arc plan shows our path to the future. It illustrates our continuous progression and ability to navigate changing market conditions.

“This plan will enable us to go further and faster in driving value and competitiveness. Faced with extreme market volatility, Nissan is taking decisive actions guided by the new plan to ensure sustainable growth and profitability.”

The plan involves an accelerated transition to EVs, supported by a balanced electrified/ICE product portfolio. Nissan plans to launch 30 new models (16 electrified and 14 ICE models) over the next three years. A total of 34 electrified models could be launched from 2024 to 2030.

Furthermore, under the Arc plan, more plants will adopt the Nissan Intelligent Factory concept. In addition, the EV36Zero production approach will be extended from Sunderland in the UK to plants including Canton, Decherd and Smyrna in the US, and Tochigi and Kyushu in Japan from 2025 through 2028.

By fiscal year 2030, Nissan plans to see a revenue of 2.5 trillion yen from new business opportunities.