02 Jun 2026, 02:16:35 PM

Nissan Motor Aims to Cut EV Costs with Innovative Motor Magnet

Nissan Motor is working towards significantly reducing the cost of electric vehicles (EVs) by developing a new motor magnet made from inexpensive materials. This initiative is a part of their strategy to make EV manufacturing costs comparable to petrol vehicles by fiscal year 2030, ending March 2031. Achieving this goal would require a 30% reduction […]