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Automobiles

Nissan to make 50% of global car sales electric and hybrid by 2030

Automaker to invest 30% more for EVs and plant refurbishment over next decade

A Nissan Leaf is displayed at an auto show. The automaker plans to add 10 more EV models to its existing line up of 10.   © Reuters

TOKYO -- Nissan Motor aims to have electric and hybrid models account for half of its global automobile sales by 2030, Nikkei has learned, with the Japanese automaker 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 electric and 80% in Europe by the end of the decade. The move comes as global rivals such as Germany’s Volkswagen AG rush to invest in EV development.

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