GlobalData Blog: Could the prospective merger of Honda and Nissan transform their futures? Honda and Nissan have signed a memorandum of understanding (MoU) to start discussions that could pave the way for a merger of the two companies. Mitsubishi Motors is also considering joining a new consolidation, which, if it went ahead, would make it the world’s third largest vehicle manufacturer. In an industry facing great change, whether that be the tr...

News  Updated at: 2025/01/16

with the share remaining around 1-2% of total PV sales, BEV sales in Japan have been gradually increasing since 2018, when they totalled 27k units and represented 0.6% of the market. The increase in BEV sales in 2022-23 can primarily be attributed to the launch of new Kei car BEVs, specifically the Nissan Sakura and Mitsubishi eK X EV. Nonetheless, certain factors discourage Japanese consumers from purchasing BEVs. Three key ones are high vehicle...

News  Updated at: 2024/10/29

GIIAS 2024: Nissan launches all-new Serena e-POWER MPV in Indonesia Announced on July 17, 2024, at the GAIKINDO Indonesia International Auto Show (GIIAS) 2024, Nissan Indonesia launched the all-new Nissan Serena e-POWER MPV, while displaying 6 electrified models at its booth. Nissan also introduced ProPILOT, ASEAN's first driving assistance technology, in the all-new Serena e-POWER for Indonesia. Priced from IDR 635 million, this 7-seater MPV com...

News  Updated at: 2024/07/19

Nissan Sakura mini EV enjoying solid sales Sales of Nissan Motor Co., Ltd.’s (Nissan) “Sakura” mini electric vehicle (EV) has been solid. The model sold 33,097 units in the fiscal year that ended in March 2023 (FY 2022), and 34,083 units in FY 2023. The Sakura has been accepted as a new mini vehicle, according to Keiko Kondo, Nissan’s chief marketing manager. It was actually released just two years ago in June 2022 due to reasons such as ...

News  Updated at: 2024/04/15

Honda to sell 20,000 N-VAN e: units in Japan to make its presence felt in domestic EV market Honda Motor Co., Ltd. (Honda) has set its annual Japanese domestic sales target for the all-new commercial mini electric vehicle (EV), the N-Van e:, which will go on sale in Japan in the spring of 2024, at around 20,000 units. In FY 2022, the Nissan Sakura and the Leaf were the only EV models with sales more than 10,000 units in Japan. If the new mini-EV ...

News  Updated at: 2023/11/15

y/y). By powertrain, sales of HVs increased by 28.5% y/y, and sales of plug-in hybrid vehicles (PHV) increased by 39.8% y/y. Sales of fuel cell vehicles (FCV), which are available only in a few models, decreased by 35.8% y/y. Sales of EVs during the period were 41,843 units, up 37.7% y/y. Sales of Nissan Motor Co., Ltd.’s Sakura EV, which ranked first, were 17,773 units, up 37.3% y/y. Although mini EVs continued to enjoy popularity, the mini E...

News  Updated at: 2023/10/18

pean OEMs replacing their internal combustion engine (ICE) models with BEVs, and in the medium term, Toyota is planning to introduce Lexus BEV models as replacements for all Lexus ICE/hybrid models. This transition is expected to be completed by 2035. On the other hand, for the non-premium segment, Nissan and Mitsubishi started launching their BEVs before other Japanese OEMs. Now all the Japanese OEMs have announced their BEV strategies. In addit...

News  Updated at: 2023/10/12

Nissan to exhibit EV concept cars at Japan Mobility Show On October 3, Nissan announced its plans to excite visitors with an array of concept cars symbolizing the future of electrified mobility in a newly designed interactive booth set-up. In addition to the series of all-electric concept vehicles, the booth will also showcase a number of 90th anniversary special edition production models. The company plans to exhibit Nissan Ariya, Nissan Leaf 90...

News  Updated at: 2023/10/03

Toyota, Honda and Nissan see increase in January-June 2023 global electrified vehicles sales Toyota Motor Corporation (Toyota), Honda Motor Co., Ltd. (Honda), and Nissan Motor Co., Ltd. (Nissan) have reported global sales volume of electrified vehicles for the period January-June 2023. Demand for hybrid vehicles (HVs) increased across the world, and Toyota and Honda saw an increase in the ratio of electrified vehicle sales to total global car sal...

News  Updated at: 2023/08/25

y basis, HV sales increased for the 10th month in a row, plug-in vehicle (PHV) sales increased for the 6th month in a row, and fuel-cell vehicle (FCV) sales increased for the first time in 9 months. As for electric vehicles (EVs), sales of imported EVs made a 3.4-fold increase y/y. As for mini EVs, Nissan Motor Co., Ltd.’s “Sakura” was the most popular with 3,174 units, a decrease of 4.4% y/y. The Nikkan Jidosha Shimbun has compiled these r...

News  Updated at: 2023/08/09

Cumulative orders for Nissan Sakura EV reach 50,000 units On July 25, Nissan Motor Co., Ltd. (Nissan) revealed that cumulative orders for the Nissan Sakura have reached 50,000 units (as of July 8). According to Nissan, total sales of electric vehicles (EVs) in Japan for fiscal year 2022 were approximately 79,000 units, of which Nissan EVs accounted for about 60%, i.e., the Sakura 42% and the Leaf and Ariya 22%. The composition of sales of the Sak...

News  Updated at: 2023/07/26

Nissan Sakura and Mitsubishi eK Cross mini EVs mark cumulative production of 50,000 units Nissan Motor Co., Ltd. (Nissan) and Mitsubishi Motors Corporation (Mitsubishi Motors) announced on May 31 that the cumulative production volume of the Nissan “Sakura” and Mitsubishi “eK Cross EV” mini electric vehicles reached 50,000 units. It took about a year to reach 50,000 units since production started at Mitsubishi Motors’ Mizushima Plant (Ku...

News  Updated at: 2023/06/01

s “Yaris”, which ranked 2nd, increased by 40% year-over-year (y/y), the Honda N-Box took a lead by a margin of about 800 units. Out of the top 10 best-selling models, sales of 7 models increased on a y/y basis, and Toyota models made a strong stride. As for electric vehicle (EV) sales rankings, Nissan Motor Co., Ltd.'s “Sakura” became the top-selling model. (From an article in the Nikkan Jidosha Shimbun on May 10, 2023)...

News  Updated at: 2023/05/10

FY 2022 EV sales in Japan triples from FY 2021 New electric vehicle (EV) sales in Japan in the fiscal year that ended in March 2023 (FY 2022) increased about 3-fold from FY 2021 to 77,238 units. The sales rapidly increased thanks to the introduction of new mini EVs with engine displacements below 660 cc by Nissan Motor Co., Ltd. and Mitsubishi Motors Corporation in May 2022, as well as increased lineup of other automakers’ EVs. The ratio of EV ...

News  Updated at: 2023/04/07

onstraints. Sales of hybrid vehicles (HVs), which led electrified vehicle sales, were 164,075 units, an increase of 41.7% y/y. Sales of electric vehicles (EVs) expanded 3.7 times y/y to 8,807 units. The sales increase was primarily caused by a rise in the sales of all-electric mini vehicles such as Nissan Motor Co., Ltd.’s Sakura (4,109 units) and Mitsubishi Motors Corporation’s eK Cross EV (1,074 units). Sales of plug-in hybrid vehicles (PHV...

News  Updated at: 2023/03/22

ar (y/y) decrease in six months, the Honda N-Box’s sales volume was larger by about 4,000 to 5,000 units than that of Toyota Motor Corporation’s Yaris, which increased 50% y/y, and that of the Toyota Corolla, which registered a double-digit increase. As for electric vehicle (EV) sales rankings, Nissan Motor Co., Ltd.’s Sakura took the top spot. Out of the top 10 best-selling EV models, sales of eight models increased y/y, indicating a relax...

News  Updated at: 2023/03/07

a row. Toyota Motor Corporation’s (Toyota) “Yaris” jumped to the 2nd position from 4th in December 2022. The Toyota “Corolla” ranked 3rd (same as in December), and Daihatsu Motor Co., Ltd.’s (Daihatsu) “Tanto” ranked 4th (down from 2nd). As for electric vehicle (EV) sales rankings, Nissan Motor Co., Ltd.'s “Sakura” became the top-selling model. Out of top 10 best-selling EV models, sales of 8 models increased on a year-over-y...

News  Updated at: 2023/02/07

Honda N-Box ranks 1st in 2022 Japanese new vehicle sales rankings In the sales rankings by model in Japan in 2022, the Honda N-Box overtook the Toyota Yaris and ranked 1st for the first time in 2 years. The Toyota Corolla jumped to the 3rd position from 6th in 2021. In the 2022 electric vehicle (EV) sales rankings in Japan, the Nissan Sakura became the top-selling model in 6 months since its launch in June 2022. The total top-selling Honda N-Box ...

News  Updated at: 2023/01/12

Nissan and Mitsubishi raise prices of four electric models; responding to rising material prices and transportation costs On December 22, Nissan Motor Co., Ltd. (Nissan Motor) and Mitsubishi Motors announced that they will raise the prices of four electrified vehicles. Nissan will raise the prices for Sakura and Leaf, and Mitsubishi Motors will raise the prices for Outlander and eK X EV. The main reasons for the change are the rising battery mate...

News  Updated at: 2022/12/23

on and application of vehicles on the assumption that CEV subsidies would be short on funds. However, a supplementary budget plan including the continued granting of CEV subsidies was approved on November 8, and sales companies proceeded with registration and application of vehicles again. Sales of Nissan Motor Co., Ltd.’s Sakura and foreign OEMs’ EVs grew. As for vehicle types other than EVs, sales of HVs were 140,231units, up 10.8% y/y, and...

News  Updated at: 2022/12/13