BBC Business News reports that Japanese carmaker Nissan plans to make 100,000 electric cars a year by 2012, and is aiming to become the first car firm to mass produce the vehicles.
Nissan chief executive Carlos Ghosn said the company would unveil its first electric car in August of this year, with sales to begin in 2010.
Mr Ghosn, who also heads sister firm Renault, said both companies planned to produce three different electric cars.
Nissan is trying to turn around its fortunes and return to profitability.
Against a backdrop of industry-wide falling global sales, it made a loss of 233.7bn yen ($2.4bn; £1.5bn) in the year to 31 March. Full story…