Consumer Energy Report is now Energy Trends Insider -- Read More »

By Samuel R. Avro on May 13, 2009 with no responses

Nissan to Begin Manufacturing Electric Vehicles in 2010

NissanEV2_20090322Nissan Motor Company has announced that their Oppama Plant in Japan will begin manufacturing electric vehicles (EV’s) in the fall of 2010.

The company plans to mass-produce the EV’s by 2012, but will begin the intial phase with the production of 50,000 vehicles next year.

Nissan also reported a full-year net loss of $1.4 billion for 2008, with a net loss of $2.8 billion in the fourth quarter alone. The Japanese automaker has seen U.S. sales plummet 35 percent this year.

The company says that it’s committed to becoming a global leader in zero-emission vehicles, and that it will also seek to build components and have some of the EV production done overseas.