And that, according to the Japanese manufacturer, will happen as early as 2030.
Nissan says it will equalize the prices of its hybrids and models powered by internal combustion engines as early as 2026. It's part of Nissan's new X-in-1 approach of sharing components between electric and hybrid e-Power models.
They say that this approach will reduce development and production costs by 30 percent by 2026 compared to 2019.
In addition to equalizing the price of hybrids, Nissan expects that this approach will lower the prices of electric models, enough to equalize with models powered by internal combustion engines. And that, according to the Japanese manufacturer, will happen as early as 2030.
The new approach also aims to reduce the use of scarce raw materials to 1%, as well as the size and weight of propulsion systems. Also, the noise and vibration of the drive will be reduced to a minimum.
Nissan is developing two separate drive systems. For electric vehicles, work is being done on a 3-in-1 module, which integrates the motor, reducer and inverter in one housing. For e-power hybrids, a 5-in-1 module is provided, which includes additional components.