TOKYO (AP) – Nissan is speeding up its shift toward electric vehicles (EVs), especially in Europe where emissions regulations are most stringent, the company said yesterday.
Nissan Motor Co said in a statement that it will make practically all its offerings in Europe electric or series-hybrids by fiscal 2026, at 98 per cent.
That’s up from the previous target of 75 per cent. In Japan, the company aims to make 58 per cent of its model offerings, up from an earlier target of 55 per cent.
Hybrids have both a gasoline engine and electric motor, but a series hybrid uses the motor to power the vehicle’s wheels, or powertrain.
The engine powers a generator for the motor. Parallel hybrids, like Toyota Motor Corp’s Prius, switch back and forth between a gas engine and electric motor.
Nissan’s sales target in EVs and series hybrids remain unchanged for the United States (US) at more than 40 per cent. In China the target was cut to 35 per cent from 40 per cent. That includes only pure EVs, not hybrids.
Nissan’s target numbers do not include expected vehicle sales of Nissan’s alliance partners, such as Renault SA of France or Mitsubishi Motors Corp, a smaller Japanese carmaker.
