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Nissan Aims For 50% EV, Hybrid Sales By 2030: Nikkei

Japanese carmaker sees EVs reaching 50% of its sales in China and 80% in Europe by the end of the decade.


Nissan
Nissan's deeper push into battery-powered cars comes as consumer demand for such vehicles grows in key auto markets such as China and the United States and as its competitors release new electric vehicles. Photo: Reuters.

 

Nissan Motor aims to have electric and hybrid models account for half of its global automobile sales by 2030, Nikkei Asia has learned, with the Japanese carmaker set to boost investment in the technology by more than 30% over the next decade.

Nissan sees electric vehicles reaching 50% of its sales in China and 80% in Europe by the end of the decade. The move comes as global rivals such as Germany’s Volkswagen rush to invest in EV development.

Read the full report: Nikkei Asia

 

 

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George Russell

George Russell is a freelance writer and editor based in Hong Kong who has lived in Asia since 1996. His work has been published in the Financial Times, The Wall Street Journal, Bloomberg, New York Post, Variety, Forbes and the South China Morning Post.

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