TOKYO -- Nissan Motor plans to develop its own plug-in hybrid electric vehicles, preparing to be able to reach the market as soon as the late 2020s, Nikkei has learned, and also is considering having partner company Mitsubishi Motors supply PHEVs to Honda Motor, which does not offer that type of vehicle in the Japanese market.
As sales of fully electric vehicles stall globally amid high prices, Nissan sees highly profitable PHEVs as an important bridge to the time EVs achieve wide adoption.
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