Nissan Plans Electric Car in U.S. by ’10

photo credit: DerekA

DETROIT — The Nissan Motor Company plans to sell an electric car in the United States and Japan by 2010, raising the stakes in the race to develop environmentally friendly vehicles.

The commitment — expected to be announced Tuesday by Nissan’s chief executive, Carlos Ghosn — will be the first by a major automaker to bring a zero-emission vehicle to the American market. Nissan also expects to sell a lineup of electric vehicles globally by 2012.

In an interview Monday, Mr. Ghosn said Nissan decided to accelerate development of battery-powered vehicles because of high gasoline prices and environmental concerns, not just because of the need to meet stricter fuel-economy standards.

“What we are seeing is that the shifts coming from the markets are more powerful than what regulators are doing,” he said.

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Tags: automaker, battery powered vehicles, carlos ghosn, chief executive, company, electric car, electric vehicles, fuel economy standards, gasoline prices, Innovation, japan, motor, nissan, regulators, zero emission vehicle

This entry was posted on Tuesday, May 13th, 2008 at 11:14 pm and is filed under NY Times, Project Energy. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.