Nissan's Bold Move in China

At the Shanghai auto show, Nissan Motor Co., Ltd. Chief Financial Officer Stephen Ma unveiled the company's ambitious plan to invest approximately $1.4 billion in China by the end of 2026. This strategic move aims to counteract the decline in sales, which saw fewer than 700,000 units sold last year.

New Models on the Horizon

In an effort to rejuvenate its market share, Nissan is set to introduce around ten new models in the near future. "We've taken criticism for our tardiness in embracing the plug-in hybrid trend, but now we're proud to present our first model. We aimed to make it exceptional," Ma emphasized during the announcement.