Nissan Will Invest $17.6 Billion USD in Electric Vehicles Over the Next Five Years

Nissan on Monday announced that it will invest ¥2 trillion JPY (approximately $17.6 billion USD) in the development of new EVs and battery technology over the next five years.The investments will fund a larger plan the company is calling "Ambition 2030," which aims to release 23 new electrified models, including 15 new EVs, with electrified vehicles composing half of its vehicle catalog by 2030.Nissan confirmed that 20 of the vehicles will launch in the next five years alone, as the automaker a...