Japan's Nissan accelerates shift to electric vehicles

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Japan's Nissan accelerates shift to electric vehicles
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Nissan is speeding up its shift toward electric vehicles, especially in Europe where emissions regulations are most stringent, the company said Monday.

Nissan Motor Co. said in a statement that it will make practically all its offerings in Europe electric or series-hybrids by fiscal 2026, at 98%. That's up from the previous target of 75%. In Japan, the company aims to make 58% of its model offerings, up from an earlier target of 55%.

Nissan's sales target in EVs and series hybrids remain unchanged for the U.S., at more than 40%. In China the target was cut to 35% from 40%. That includes only pure EVs, not hybrids.

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