Nissan’s view is that EV play requires a complete ecosystem and needs thorough planning with a possibility of complete localisation of parts
The flight for electric mobility seems to be taking off at a steady pace in India and in light of what may be a big push to the growth of the sector, Nissan Motor Corporation has revealed that it is studying the possibility of locally manufacturing electric vehicles in India with a complete ecosystem, including a gigafactory to make EV batteries.
Global COO of Nissan, Ashwani Gupta disclosed to a few journalists that the study was kicked off three months ago and is expected to be completed in nine months. Based on the outcome of this study, the company will take a call on the EV strategy for India.
Nissan’s view is that EV play requires a complete ecosystem and needs thorough planning with a possibility of complete localisation of parts.
“Electrification is not a one-day story. The most important is the battery manufacturing, along with battery charging infrastructure and the source of power. Also, EVs should be affordable to buyers. But, good to see that electric cars have started rolling out in India now. Of course, many challenges will be coming – cost of operations, cost of infrastructure and profitability. But all these will be stepping stones for EV evolution,” said Gupta.
Though Nissan is relying on its study for the India EV plan, Gupta is of the view that building competitiveness is key in this business.
“India should not be thinking of CKD or CBU operations for EVs. Like Nissan Magnite and Renault Kwid, EVs need to be fully localised. Also, to achieve economies of scale, the EV plants should also be in a position to export.”
The Japanese automaker is reported to be developing a small electric K car in partnership with Mitsubishi and that model may be considered for launch in India.
