Nissan’s Optimistic as Global Appetite for Electric Cars Strengthens

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Nissan Leaf

Due to the world’s strengthening demand for electric vehicles, Nissan (NSANY.PK) says it may well sell more electric vehicles — like its Leaf compact — earlier than previously anticipated, the Wall Street Journal has reported.

“We have every reason to believe our new target is achievable,” Billy Hayes, vice president of Nissan’s global electric-vehicle business, told reporters in an interview on the sidelines of an electric-vehicle exhibition organized by the Korean government on Jeju island.” We believe we can hit it sooner than 2020,” he added.

Hayes noted that more countries are becoming increasingly receptive to alternatives to fossil fuels, which puts Nissan and it’s flagship electric vehicle — the Leaf — in a rather favorable position. Since 2010, Nissan has sold over 100,000 units of the Leaf — a drop in the bucket for the industry at large, but a bonafide flood for the electric and alternative fuels industry.

“It is getting contagious,” Hayes said. This contagious nature of EVs means the company “can hit the number faster,” he added. He stated that it was “encouraging” to see more global governments open the conversation of electric vehicles, as increasingly strict emissions standards around the world give cars like the Leaf — or Renault’s Zoe — an edge. Nissan CEO Carlos Ghosn is also the CEO of the French automaker, Nissan’s sister Renault.

“The nice thing about electric vehicles is that once people own an EV, they don’t want to go back to an [internal combustion engine] vehicle. It is getting contagious [so] fast that we can hit the number faster,” the Journal quoted Hayes as saying.

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