Nissan's upcoming electric concept offers a glimpse into Europe's electrified future.

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【Summary】Nissan has unveiled a new EV concept, called Concept 20-23, designed for the European market. The company plans to introduce 19 new electric vehicles globally as part of its "Ambition 2030" plan. Nissan aims to fast-track the European market, where a third of its global EV sales occur. The automaker is also working to reduce battery costs and plans to launch solid-state batteries that can reduce charging time and costs.

FutureCar Staff Sep 26, 2023 6:24 AM PT

Nissan's upcoming electric concept offers a glimpse into Europe's electrified future.

Nissan's London design team has created a compact non-production EV hatchback called Concept 20-23. This vehicle, designed specifically for the European market, features circle daytime-running lights. Under its "Ambition 2030" plan, Nissan aims to introduce 19 new electric vehicles globally, along with eight "electrified" vehicles. The company is particularly focused on fast-tracking the European market, where a third of its global EV sales occur.

In Europe, Nissan currently sells only hybrid and electric models. This includes the non-plugin hybrid Qashqai crossover and X-Trail compact SUV, known as the "e-Power" models, as well as the Nissan Ariya EV and Townstar electric van. Nissan's upcoming EV lineup in Europe will include an electric version of the extra compact Micra, which will serve as the entry-level vehicle. Additionally, another car, yet to be revealed, is scheduled for production at Nissan's Sunderland plant in the UK.

To support its goal of an all-electric lineup, Nissan is planning to reduce battery costs by 65 percent by 2028. This plan involves transitioning to lower-cost chemistries that do not use cobalt, a material often associated with unethical mining practices. Nissan also plans to launch solid-state batteries within the same timeframe, which are expected to significantly reduce EV charging time and battery costs. The company aims to achieve a cost of $75 per kWh, with a future goal of $65 per kWh. Currently, batteries for EVs produced at scale cost around $153 per kWh, according to the US Department of Energy's Vehicle Technologies Office. In 2021, Nissan announced a 2 trillion yen investment (around $17.6 billion) over five years to accelerate its global EV development.