Nissan cuts petrol car production as China EV demand accelerates
Nissan has said it will reduce petrol car manufacturing and increase production of battery electric vehicles and plug-in hybrids in China after weaker-than-expected demand and intensifying competition forced it to lower its sales forecast. The Japanese carmaker said the shift in the world's largest auto market is happening faster than it had expected. It described China as its biggest challenge.The company now expects to sell between 2.97 million and 3 million vehicles this year, down from a previous forecast of 3.15 million. Nissan said sales in China fell 22% in the first half of the year and were down 32%... [Continue Reading]
360LiveNews | 11 Nov 2026 13:59 LONDON
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