The EV transition has been underway, albeit a slow one as consumer demand for EVs has slowed among US consumers. American car buyers are waiting for more affordable EV options and range anxieties to be lessened as charging infrastructure gets built out, turning to more accessible hybrid models in the meantime. What can help speed up the EV transition and jolt consumer excitement around full-electrification trends?

Nissan Americas (NSANY) Chairman Jérémie Papin sits down with Yahoo Finance's Pras Subramanian at the 2024 New York Auto Show to discuss the company's latest models, the EV transition, and how it can navigate changing consumer habits.

Papin talks about the idea of simplification in EVs: "As we start to think again about how to conceive EVs, you just bring simplification in it. You bring greater commonality across many of the models. You have fewer parts per car, and... the combination of both drives the cost efficiency. So yeah, we're thinking the next generation will see costs down by 30%."

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