Nissan Motor Co. postponed the release of its electric flagship model Ariya SUV due to the persisting semiconductor shortage.
The Ariya SUV was set to go on sale in mid-2021 but Nissan changed plans and said a limited edition would instead be available in Japan in winter before a domestic and global rollout.
Nissan Executive Vice President Asako Hoshino blamed the longer than expected COVID-19 and semiconductor shortages as the cause of delay.
The company decided to launch the Ariya SUV in Winter because its innovative technologies need thorough checking.
The Ariya SUV comes with tech features such as Nissan’s ProPilot 2.0 autonomous driving technology, a self-parking feature, and Amazon’s voice-based digital assistant Alexa.
The carmaker is sales of Ariya for its debut year to be in the tens of thousands and Europe likely to contribute heavily to its sales volumes.
Nissan expects the chip shortage to impact about 500,000 units of its output this fiscal year.


South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady
Oil Prices Slip as U.S.–Iran Talks Ease Supply Disruption Fears
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility
South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off
Asian Currencies Trade Sideways as Dollar Stabilizes, Yen Weakens Ahead of Japan Election
U.S. Stock Futures Edge Higher as Tech Rout Deepens on AI Concerns and Earnings
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient
Nasdaq Proposes Fast-Track Rule to Accelerate Index Inclusion for Major New Listings
Anthropic Eyes $350 Billion Valuation as AI Funding and Share Sale Accelerate
Elon Musk’s SpaceX Acquires xAI in Historic Deal Uniting Space and Artificial Intelligence
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals
Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off
TrumpRx Website Launches to Offer Discounted Prescription Drugs for Cash-Paying Americans 



