Nissan Motor Co., Ltd. (OTC:NSANY) to focus on achieving its zero emission strategy which concentrates on electric vehicles. Nissan is planning on satisfying the needs of the market by building larger gas electric hybrids and clean diesel engines. The Democratic Party of Japan has supported the reduction of greenhouse gases by 25% by 2020. The previous party had only set a reduction of 8% in the same time frame.
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Nissan recently reveal their plans for the fully electric sedan called the Leaf. Release is expected to take place in late 2010 throughout the U.S. and Europe with global production in 2012.
About Nissan Motor Co., Ltd.
NISSAN MOTOR CO., LTD. is a Japan-based automobile manufacturer. The Company has two business segments. The Automobile segment is engaged in the planning, development, manufacture and sale of passenger vehicles, trucks, buses, marine vehicles, forklifts and related parts, the import and export of automobiles, as well as the transportation of vehicles to overseas markets. The Sales and Finance segment is engaged in the provision of credit card and leasing services, as well as non-life insurance services. In addition, the Company is also involved in the car leasing business, as well as the leasing and management of real estate.
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