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Nissan Targets to Grow 30% Annual Income

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Jakarta -Nissan Motor Co Ltd targets its annual revenue to rise 30% to 16.5 trillion yen by the end of fiscal year 2022.

The company also targets 8 percent profit margin from core operations and cumulative free cash flow of 2.5 trillion yen.

Chief Planning Officer of Nissan Phillipe Klein says it will be achieved through technological innovation and business evolution. There are three things that the company prepared as part of its medium-term plan, Nissan M.O.V.E 2022.

“We are working to focus on delivering the Nissan Intelligent Mobility, which includes the three core elements of electrification, which are self-propelled technology, connectivity and new mobility services,” he said in an official statement received by Bisnis on Thursday (29/3/2018).

As part of its swakable system strategy, Nissan announced its plan to bring ProPILOT technology in 20 models in 20 countries by 2022. The company also targets to sell 1 million units of vehicles equipped with ProPILOT each year during that period.

In terms of connectivity, Nissan will integrate the vehicle data management system in the future. All brands shaded by companies, namely Nissan, Infiniti, and Datsun will be connected in a system called Alliance Connected Cloud.

Senior Vice President of Nissan Ogi Redzic said the technology will connect all models both from the latest model to the previously launched. “It will support infotainment services, as well as a one-stop communication mechanism to facilitate the latest news exchange for all vehicles,” he said.

Alliance Connected Cloud will also be the foundation to enable the expansion of connectivity and mobility services for Nissan, including the robo-vehicle ride-hailing service.

Nissan has tested the robo-vehice ride-hailing service named “Easy Ride” with DeNA as a partner earlier this month. In the early 2020s, Nissan targets to provide commercial services directly to customers.

Redzic with Senior Vice President Takao Asami leads the connectivity project. Both said the Alliance Connected Cloud aims to boost annual revenue by 30% to 16.5 trillion yen at the end of fiscal year 2022

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