Going-Electric

“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.”

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Source: Bloomberg

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