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Nissan Boosts Research Ties with Tsinghua Amidst Chinese Market Struggles

From left, Masashi Matsuyama, vice president of Nissan Motor Co., Ltd. and president of Nissan (China) Investment Co., Ltd., Takao Asami, senior vice president of Nissan Motor Co., Ltd. and Rika Kirit

Once upon a time, in the land of the Middle Kingdom, the automotive giant from the Land of the Rising Sun, Nissan Motor Co., announced it's about to embark on an exciting, new research venture, weaving a more interconnected web with Tsinghua University, one of China's brightest beacons of knowledge. The mission? To decode the enigma of Generation Z - those young digital natives born between 1995 and 2009 - and uncover the holy grail of social responsibility for the mobile metal titans of our time.

This big picture perspective points to the fascinating future we're all revving up towards: a drive into how car creators can recycle batteries, install charging stations, and address other electric vehicle-related riddles that have been plaguing this brave new world of clean, green power for years.

Behind the scenes, though, the plot takes a twist. Shockingly, the major auto dynasties were knocked backwards when a surge in electric vehicle popularity in the Middle Kingdom empowered a new fleet of homegrown heroes. These Chinese startups raced ahead, not just in the local market, but also across oceans to places as varied as Southeast Asia, Europe, and beyond.

Masashi Matsuyama, vice president of Nissan Motor Co., Ltd. and president of Nissan (China) Investment Co., Ltd. speaks during a press conference to announce joint research with Tsinghua University in Beijing, Sunday, Dec. 17, 2023. Nissan is expanding its research ties with the leading Chinese university as it and other foreign car companies in China try to claw back market share from the country's burgeoning electric vehicle manufacturers. (AP Photo/Ng Han Guan)
From left, Masashi Matsuyama, vice president of Nissan Motor Co., Ltd. and president of Nissan (China) Investment Co., Ltd., Takao Asami, senior vice president of Nissan Motor Co., Ltd. and Rika Kiritake, Vice President of Corporate Market Intelligence, Nissan Motor Co., Ltd. at a during a press conference to announce joint research with Tsinghua University in Beijing, Sunday, Dec. 17, 2023. Nissan is expanding its research ties with the leading Chinese university as it and other foreign car companies in China try to claw back market share from the country's burgeoning electric vehicle manufacturers. (AP Photo/Ng Han Guan)
Research will also address automakers' social responsibility in electric vehicle-related issues.
Promotes battery recycling and charging station development.
Major automakers are trying to recover lost market share in China's EV boom.
New Chinese competitors have cornered the domestic market and are moving overseas.
Nissan's sales dropped by 34% in China from April to September.

The fallout was felt hard within the gleaming hallways of Nissan’s headquarters. Their sales statistics in China took a steep 34% plunge over just six months, between April and September this year. But Nissan is not deterred, instead they're adopting a warrior's spirit to face challenges head-on.

Under the leadership of Masashi Matsuyama, the commander of Nissan's Chinese investment battalion, the company is forging ahead with a battle plan to reclaim lost ground. Nissan will roll up its sleeves and focus on crafting 10 shiny, new-energy vehicles specifically designed for the Chinese terrain.

With four traditionally-branded Nissan gems and six joint venture models, the first of the new legion is expected to roll off the production line as early as the second half of next year.

Beyond the borders of the Middle Kingdom, Nissan is also charging forward with making a brighter, electric future a reality. In partnership with the French auto juggernaut Renault SA, Nissan has plans for a British factory to be birthed anew as the birthplace for their electric incarnations of two best-selling models.

However, the automotive arena is not just about technological ingenuity and market conquests. In the European Union, the growing power of China's electric vehicles has raised eyebrows, sparking an investigation into whether government subsidies have tilted the playing field in favor of local manufacturers.

Thus, the path Nissan follows is not an easy one. Yet, backed by their longstanding partnership with Tsinghua University since 2016, the Japanese auto titan will keep striving for a better tomorrow, researching and implementing solutions in the realm of electric vehicles and autonomous driving for the Chinese market. Stayed tuned to this exciting ride, it's sure to be a journey worth watching!

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