Nissan Shifting Focus to Electrification Significantly: COO

The transcript discusses Nissan's annual earnings and the Nissan Next strategy, focusing on reducing fixed costs, improving sales quality, and investing in future technologies. It highlights the faster-than-expected market recovery post-pandemic, especially in the US and China, and addresses supply chain constraints. The discussion includes the challenges of forecasting in volatile markets and Nissan's shift towards electrification. The impact of the global chip shortage on the automotive industry is examined, along with strategies for digital transformation and supply chain resilience. Finally, the collaboration between Renault and Nissan on electrification and common specifications is explored.

What are the expected market trends post-pandemic according to the text?

How does Nissan plan to address supply chain constraints in the future?

What collaborative efforts are being made between Renault and Nissan?