Nissan Motor Co (7201.T) plans to develop its own hybrid technology for
small and mid-size cars, according to a report in the Nikkei business
daily.
The Japanese car maker currently buys hybrid components for its
limited range of hybrid vehicles from rival Toyota Motor Corp (7203.T).
Nissan will launch its first all-electric car in September, and
plans a worldwide roll-out of the vehicles in 2012. However, it now
appears the company will devote more resources to building a hybrid
line of vehicles.
Currently Nissan sells only a hybrid version of its Altima model in the
U.S. and a smally hybrid compact, called the Tino, in Japan. But
analysts say the company has recognized that hybrids will play a larger
role over the next decade, as consumers switch from gasoline-powered
vehicles to all-electric models.
According to the Nikkei report, Nissan plans to sell a hybrid version
of its Serena minivan in Japan in 2011, and a luxury car in 2010.
Read additional Reuters coverage at the link below.
Earlier this week, the Nikkei daily reported that Mazda Motor Corp
(7261.T) intends to begin purchasing hybrid vehicle components from
Toyota in order to roll out its first hybrid vehicle by 2013.
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