Source: Bloomberg
Class: SYNDICATED NEWS

SYNOPSIS: The Japanese automaker has said it will have the capacity to produce 200,000 electric vehicles in the U.S., 100,000 in Europe and 50,000 in Japan

Nissan Motor Co. Chief Executive Officer Carlos Ghosn said electric cars will make up at least 10 percent of global vehicle demand by 2020, depending on conditions.

“Ten percent by 2020 is very reasonable,” Ghosn said, referring to research by Massachusetts Institute of Technology. Demand estimates are based on Nissan’s assessment of rising energy prices and tougher environmental regulations, Ghosn said at a news conference today after the opening of the automaker’s new headquarters in Yokohama, south of Tokyo.
Source:EV World