Nissan Motor unveiled a new all-electric crossover called Ariya early Wednesday as part of a four-year business turnaround plan to achieve sustainable growth, financial stability and profitability for the embattled Japanese automaker.
The vehicle is one of 12 new or redesigned models Nissan has promised to release through 2021 under its “Nissan Next” plan. It is the first all-electric vehicle to debut since the strategy was announced in May.
“Ariya is Nissan’s next chapter in physical form,” Nissan Chief Operating Officer Ashwani Gupta said during a virtual roundtable. “It is a catalyst of change in our product thinking.”
The restructuring, which goes through early-2024, includes cutting…