As the consumers around the world make the shift to purchasing electric vehicles (EVs), legacy automakers are following suit and ending development of new internal combustion engines (ICE).
The latest to join the movement is Nissan, which will reportedly halt its ICE development program and instead focus on developing electric vehicles (EVs).
The shift to electrification will take place in all of its major markets, with one major exception, the United States, where it will continue to develop gasoline engines, mainly for pickup trucks.
The information comes from a report by Nikkei, which did not cite any sources. The Japanese automaker has not confirmed the report or responded to requests for comment.
Last year Nissan announced plans to spend up to $18 billion over five years to electrify their lineup of vehicles.
As part of their “Nissan Ambition 2030” goals, the automaker is aiming to have 50% of their lineup be electrified by the end of the decade.
The automaker that pioneered popular electric vehicles with the Nissan Leaf plans to release their next EV, the Ariya, in North America later this year.
Nissan to spend $18 billion over the next five years on electric vehicles and battery development