Japanese car maker Nissan is planning to sell about 1.5 million electric vehicles globally by the year 2016.
Nissan produces today only one type of electric car, the Leaf. It sold about 15,000 units in the world so far. But the company intends to significantly increase the model range in the future, with seven new cars to be produced across the group.
The company also eyes to achieve a 35 percent improvement in fuel economy over the 2005 values for vehicles it sells in Japan, China, U.S. and Europe.
"More consumers are demanding products in line with their values, including cars and trucks with a lower carbon footprint”, said Nissan president and CEO Carlos Ghosn. “At the same time, we are using technology to make our factories greener and more efficient."
About 43 percent of Nissan is owned by French company Renault. Last month, Nissan announced a partnership with U.S.-based General Electric to find new ways to promote the electric cars.