In accordance with Nissan, new fashions in key markets might be electrified by the early 2030s

© Reuters. FILE PHOTO: The Nissan Motor Corp. brand logo. is displayed during a press preview of the company's new Ariya all-battery SUV in Yokohama

TOKYO (Reuters) – Nissan (OTC 🙂 Motor Co said Wednesday that all "new vehicle offerings" in key markets would be electrified in the early 2030s as part of the Japanese automaker's efforts to be carbon neutral by 2050.

The company, which aims to cover markets in Japan, China, the US and Europe, will pursue battery innovations, including solid-state batteries, for electric vehicles (EVs) and further develop its e-POWER hybrid technology to achieve higher energy efficiency.

"We are determined to help create a climate neutral society and accelerate global efforts against climate change," said Makoto Uchida, Nissan chief executive officer.

Nissan's plans stem from global automakers switching from diesel vehicles to electric and hybrid models, while Japan plans to halt sales of new gasoline-powered vehicles by the mid-2030s and switch to electric vehicles such as hybrids and fuel cell vehicles.

The country set up a "Green Growth Strategy" last year, which includes the goal of replacing new gasoline-powered vehicles with electric vehicles by the mid-2030s in order to achieve the climate-neutral target for 2050.

Japan, where renewables accounted for 18% of the country's electricity mix in March 2020, is in the process of reviewing its energy policy.

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