This screenshot image shows Nissan Motor Co. President and CEO Makoto Uchida unveiling the automaker's long-term vision on Nov. 29, 2021. (Kyodo)
TOKYO (Kyodo) -- Nissan Motor Co. said Monday it will aim for over half of its globally sold vehicles to be electrified cars in fiscal 2030, as the auto industry shifts more toward carbon emissions reduction.
Unveiling its long-term vision, the No. 3 Japanese automaker by volume said it will spend 2 trillion yen ($16 billion) over the next five years in promoting electrification of its vehicles.
Nissan plans to introduce an EV with all solid-state batteries, which are expected to have higher energy density and extend travel range, by fiscal 2028.
By fiscal 2030, 23 electrified cars will be introduced, the Yokohama-based automaker said. Electrified vehicles include electric vehicles and hybrids, powered by both an internal combustion engine and an electric motor.
Nissan rolled out its first mass-market all-electric vehicle, the Leaf, a decade ago. In recent years, the automaker has been struggling to boost its profitability, making a transition from the expansionist policy pursued under former Chairman Carlos Ghosn.
Nissan had previously said it would make all of its newly launched cars in key markets electrified in the early 2030s.
By region, Nissan's most ambitious target is for Europe, where it targets electrified cars accounting for over 75 percent of sales by fiscal 2026.
The figure for Japan is more than 55 percent, and that for China over 40 percent. In the United States, the automaker aims for electric cars to account for over 40 percent of sales by fiscal 2030.
Nissan joins other automakers in setting specific goals as the auto and other industries ramp up efforts to reduce carbon dioxide emissions, blamed for global warming, and attain carbon neutrality.
Toyota Motor Corp. is aiming to sell 8 million electrified vehicles in 2030, of which 2 million will be EVs and hydrogen-powered fuel cell vehicles.
Honda Motor Co. has set a goal for EVs and FCVs to account for all of its global sales in 2040.
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