Nissan alliance to invest $25bn in electric vehicles

MG News | January 27, 2022 at 02:24 PM GMT+05:00

0:00

January 27, 2022: The Nissan auto alliance said on Thursday that it will invest 23 billion euros ($25.7 billion) into electric vehicles over the next five years as the auto industry pours resources into the sector.

Nissan, Renault and Mitsubishi Motors said the latest investment followed more than 10 billion euros already spent on its "offensive strategy in electrification" and would lead to 35 new electric models by 2030.

AFP/APP

Related News

Asia markets trade mixed amid Nvidia-driven tech drop

US tariffs drop to 9.4% with 10% blanket levy

Asia markets rally, Nikkei hits fresh record

Name	Price/Vol	%Chg/NChg
KSE100	168,062.17 222.44M	-0.49% -830.92
ALLSHR	100,418.83 533.18M	-0.47% -469.95
KSE30	51,322.39 95.56M	-0.78% -400.92
KMI30	235,325.12 71.27M	-0.62% -1468.03
KMIALLSHR	64,292.17 192.91M	-0.54% -350.28
BKTi	49,115.42 49.83M	-0.78% -388.38
OGTi	32,316.78 8.08M	-1.33% -436.77

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	66,185.00	67,760.00 64,325.00	-1640.00 -2.42%
BRENT CRUDE	71.88	71.96 70.69	0.12 0.17%
RICHARDS BAY COAL MONTHLY	96.00	0.00 0.00	-3.50 -3.52%
ROTTERDAM COAL MONTHLY	107.95	107.95 107.95	0.30 0.28%
USD RBD PALM OLEIN	1,071.50	1,071.50 1,071.50	0.00 0.00%
CRUDE OIL - WTI	66.60	66.67 65.38	0.12 0.18%
SUGAR #11 WORLD	14.05	14.10 13.78	0.18 1.30%