Nissan Gravite Launch Delayed
Nissan India has announced a delay in the market introduction of its upcoming seven-seater MPV, the Gravite. The vehicle, originally scheduled for a debut on January 21, 2026, will now have its launch postponed indefinitely. Nissan has stated that revised launch dates will be communicated in the coming weeks, without providing a specific reason for the rescheduling.
Strategic Importance for India Market
The Nissan Gravite is designed to be a significant contributor to Nissan's presence in the Indian automotive market. Positioned as an affordable, versatile seven-seater, it aims to capture a share of the growing demand for family-oriented vehicles. The MPV is built on the CMF-A+ platform, sharing its underpinnings with the Renault Triber. This platform strategy allows for cost efficiencies. The Gravite is expected to be powered by a 1.0-litre, naturally aspirated petrol engine, producing approximately 71-72 bhp and 96 Nm of torque, paired with either a 5-speed manual or an AMT transmission. The anticipated price range for the Gravite is between ₹6 lakh and ₹9 lakh (ex-showroom), placing it directly in competition with models like the Renault Triber and Maruti Suzuki Ertiga. This model is part of a broader product offensive by Nissan in India, which also includes the upcoming Tekton SUV, slated for later in 2026.
Market Performance and Valuation
As of January 21-22, 2026, Nissan Motor Co., Ltd. (TYO: 7201) shares were trading around ¥410-¥411.8. The company's market capitalization stood at approximately $8.98 billion USD. Nissan's trailing twelve months (TTM) Price-to-Earnings (P/E) ratio was reported to be in a negative range, around -1.49 to -1.53, indicating that the company has experienced net losses over the period.
Regulatory and Recent Developments
No specific regulatory filings from Nissan Motor Co., Ltd. within the last seven days were identified in the search results that directly impact this product launch announcement. Nissan's latest publicly available financial report was for fiscal year 2024 (ending March 31, 2025), released in May 2025.