The world of EVs is certainly on its way as most car manufacturers set their targets on an all-electric future. Now Nissan has stepped up to the plate, confirming that it will stop all development of new engines for cars sold in Europe.
This game-changing reveal from Nissan comes specifically from its COO Ashwani Gupta during a press conference after the brand’s third-quarter finances. And while he explains this decision, we don’t need to guess why the marque has chosen to do this.
Gupta explains that Nissan will end the development of new ICE units due to the implementation of Euro 7 regulations, arguing that vehicles that use internal combustion will start to become much more expensive once this new legislation comes into effect compared to what they cost currently.
So, the company was given two choices: Invest heavily into making internal combustion engines more reliable, or switch solely over to what we expect to be the future – all-electric cars. Of course, the latter was chosen, and Gupta admits that he thinks these cars will be cheaper. While I would argue that won’t be the case, EV prices will slowly start falling, with VW Group CEO Herbert Diess estimating that they will become affordable from the year 2025.
2035 will bring a ban on all new vehicles with combustion engines, and with this, a lot of manufacturers are now planning their all-electric future with many hoping to create a full EV lineup by 2030.
Nissan arguably helped start the electric movement with the Leaf, and now a new version of the leaf is incoming as a crossover, as is a potential Micra EV hatchback around 2025. But what will happen to Nissan’s NISMO lineup is in the air. The COO has admitted that fans of driving still want an engine, and that the United States will still be developing internal combustion engines to suit this. Unfortunately, Europe won’t see much of this, if any.