Nissan sells Daimler stakes, will focus on electrification

Nissan Logo

One of the largest Japanese automakers, Nissan Motor Co., Ltd. announced the sale of its entire stake in Daimler AG.

Roughly 1.54 percent of Nissan’s shares in the German car brand will be sold at a price of €69.85 per share, said Nissan. This decision came after Nissan’s alliance partner, Renault, made a similar decision in March.

According to Nissan, its industrial partnership with Daimler “remains unchanged” and that the two groups continue to collaborate in several areas.

The proceeds of the sale will be used to enhance the Japanese company’s business competitiveness, including investments to promote electrification.

In the recently held Auto Shanghai 2021 auto show, Nissan showcased its lineup of electrified offerings including the Ariya, Nissan’s 100 percent electric crossover.

Nissan also enjoyed huge success with the Leaf, the company’s best-selling electric vehicle. The carmaker has leveraged the technology it developed through their flagship EV to the extent of competing in the ABB FIA Formula E World Championship — a single-seater motorsport championship that uses only electric cars.

This year, Nissan made the Leaf available in the Philippine market.

Nissan Leaf

The Nissan Leaf is fitted with an AC Synchronous electric motor that runs on a laminated lithium-ion battery. It produces a maximum power output of 147hp with 320Nm of torque.

It’s equipped with a 40kWh battery and 6.6kW double-speed on-board charger with a quick charger. The locally available Leaf offers a range of 311km on a single charge.

With the funds Nissan will receive from the sale of its Daimler shares, the company could invest in developing more EVs.

Nissan says that they plan to electrify all of their vehicle offerings by early 2030.

Photos from Nissan

Also read: 

Nissan to showcase latest innovations at Auto Shanghai 2021

Nissan to race in Formula E through 2026

Nissan exceeds 500K units in e-Power vehicle sales in Japan

Read All

Featured Articles

Recommended Articles For You

Read All

Featured Nissan Cars

  • Upcoming

Nissan Car Articles From Zigwheels

  • News
  • Article Feature
  • Road Test
  • Nissan introduces 'Dare to Get More' summer aftersales raffle promo
    Nissan introduces 'Dare to Get More' summer aftersales raffle promo
    Cesar Miguel . Apr 30, 2025
  • Nissan showcases Kicks e-Power at 'Meeting of Styles PH'
    Nissan showcases Kicks e-Power at 'Meeting of Styles PH'
    Cesar Miguel . Apr 28, 2025
  • Nissan joins hybrid truck race with all-new Frontier Pro PHEV unveiling at Auto Shanghai 2025
    Nissan joins hybrid truck race with all-new Frontier Pro PHEV unveiling at Auto Shanghai 2025
    Paulo Papa . Apr 23, 2025
  • Nissan ends Q1 2025 as 3rd best-selling automaker in PH
    Nissan ends Q1 2025 as 3rd best-selling automaker in PH
    Ruben Manahan IV . Apr 22, 2025
  • Nissan to launch all-new model at Auto Shanghai 2025
    Nissan to launch all-new model at Auto Shanghai 2025
    Ruben Manahan IV . Apr 22, 2025
  • Let’s check out the Nissan Patrol's classy interior
    Let’s check out the Nissan Patrol's classy interior
    Cesar Miguel . Apr 30, 2025
  • Nissan Patrol: pros and cons
    Nissan Patrol: pros and cons
    Cesar Miguel . Apr 28, 2025
  • 5 reasons that make the Nissan Z NISMO an exciting coupe
    5 reasons that make the Nissan Z NISMO an exciting coupe
    Cesar Miguel . Mar 17, 2025
  • Zigwheels PH Top 5 most searched pickup trucks for 2024
    Zigwheels PH Top 5 most searched pickup trucks for 2024
    Cesar Miguel . Dec 09, 2024
  • Zigwheels PH Top 5 most searched SUV models for 2024
    Zigwheels PH Top 5 most searched SUV models for 2024
    Cesar Miguel . Dec 06, 2024
  • Stellar return: Nissan Livina VL
    Stellar return: Nissan Livina VL
    Ruben Manahan IV . Jan 03, 2024
  • A cure for lockdown blues: 2022 Nissan Terra VL 4x2
    A cure for lockdown blues: 2022 Nissan Terra VL 4x2
    Roy Robles . Sep 01, 2021
  • Nissan Terra 2.5L VL 4X4 7AT: The smartest SUV of them all
    Nissan Terra 2.5L VL 4X4 7AT: The smartest SUV of them all
    Eric Tipan . May 08, 2020
  • 5 beast-mode features of the top-shelf Nissan NP300 Navara
    5 beast-mode features of the top-shelf Nissan NP300 Navara
    Eric Tipan . Apr 09, 2020
  • When Luke Drove the Nissan Juke
    When Luke Drove the Nissan Juke
    Zigwheels PH Team . May 16, 2016