Nissan Plans to Sell 1M EVs Annually by 2022

Nissan plans to sell 1 million electric vehicles annually by 2022—a six-fold jump from what it sold last year.

March 23, 2018

March 23, 2018—Nissan Motor Co announced plans to sell 1 million electric vehicles (EVs) annually by 2022 and said it has no plans to stop testing its self-driving cars on public roads, reported Reuters.

Nissan's Leaf compact hatchback is the world's best-selling EV, though sales have been around 300,000 units in its lifetime, the report said.

The company now plans to focus its lower-emissions lineup on all-battery and gasoline-hybrid EVs rather than costlier technologies including plug-in hybrids.

Nissan said on Friday it would develop eight new all-battery EVs over the next five years, including four models for China. Its luxury Infiniti brand would begin carrying new electric models from 2021, it added, according to Reuters.