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Nissan is speeding up its shift toward electric vehicles, especially in Europe where emissions regulations are most stringent, the company said Monday.
Nissan Motor Co. said in a statement that it will make practically all its offerings in Europe electric or series-hybrids by fiscal 2026, at 98%. That’s up from the previous target of 75%. In Japan, the company aims to make 58% of its model offerings, up from an earlier target of 55%.
Hybrids have both a gasoline engine and electric motor, but a series hybrid uses the motor to power the vehicle’s wheels, or powertrain. The engine powers a generator for the motor. Parallel hybrids, like Toyota Motor Corp.
