Nissan: Electric cars could shed government aid in four years
Nissan Motor and alliance partner Renault could market electric vehicles without government incentives within four years as global sales reach 500,000 to 1 million vehicles per year, executives said on Wednesday.
Nissan, which is introducing a mass-market Leaf electric car later this year, needs government incentives to spark initial demand but understands those incentives will not be permanent, Nissan-Renault Chief Executive Carlos Ghosn said.
"You need to jump-start electric cars at a certain level so that we can get scale, and the scale will allow us to reduce costs," Ghosn told reporters after a groundbreaking at a plant in Tennessee … Read more
