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Nissan’s all-EV pledge for key markets by early 2030s

Nissan Motor Co has promised that all its “new vehicle offerings” in its key markets across the globe will be electrified by the early 2030s. 

As part of the Japanese automaker’s efforts to achieve carbon neutrality by 2050, it said it will now pursue battery innovations, including as solid-state batteries, for electric vehicles (EVs) and further develop its e-POWER hybrid technology to achieve greater energy efficiency. 

“We’re determined to help create a carbon-neutral society and accelerate the global effort against climate change,” said Nissan Chief Executive Officer Makoto Uchida on Wednesday.

Read more: Hong Kong breaks new ground with $2.5-billion green bond issuance

Nissan’s plans come as global automakers are moving their focus from diesel vehicles to electric and hybrid models, while at the same time Japan is aiming to eliminate sales of new gasoline-powered vehicles by the mid-2030s, shifting to EVs including hybrid vehicles and fuel cell vehicles.

The country laid out a “green growth strategy” last year that includes a goal to replace new gasoline-powered vehicles with EVs by mid-2030s to help achieve its 2050 carbon-neutral goal. 

Japan, where renewable energy accounted for 18% in the country’s power mix in the year ended March 2020, is also in the process of reviewing its domestic energy policy too.

  • Reuters

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