Nissan Speeds Up Electric Transition Plans With New Targets
- Carmaker now sees 27 electrified models by fiscal 2030
- Europe sales to be 98% hybrid or full electric in fiscal 2026
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Nissan Motor Co. is accelerating efforts to electrify its car models in Europe and Japan, as a growing list of nations impose deadlines to phase out gasoline-powered cars and competition mounts from domestic and overseas rivals.
The Japanese carmaker now expects 98% of its sales in Europe to be hybrid or fully electric in fiscal 2026, up from its prior target of 75% set in November 2021, the Yokohama-based company said in a statement Monday. For its home market, it anticipates 58% electrified vehicle sales, up from 55%.