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Nissan says future's bright and electric

Clipped to the Drawing Board by Pat Sheen  
ON Tuesday, at Nissan’s headquarters in Tokyo , Carlos Ghosn will present the next five-year plan for the carmaker that is vying to be Japan’s second largest. Ghosn will say he has looked into the future — and it is electric.

In a business under growing environmental pressure and beset by the ever-rising cost of oil, Nissan regards its commitment to the commercialisation of electric cars as the most important development in the industry.

It sees potential for boosting sales of conventional cars in Russia, China, India and South America, but regards the car markets in Europe and Japan as essentially static and predicts further weakening of sales in North America. Hence the emphasis on electric.
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Monday 12 May, 2008 10:39 PM
 
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