Nissan to step up electric and hybrid vehicle plans

Nissan is going to develop its own line of lithium-ion batteries and use those batteries to produce electric cars available for sale in about 3 years. Since this report is coming out of Japan, it is hard to assess which markets Nissan is focused on for these new electric vehicles. In addition, to the electric vehicles, Nissan is also going to step up plans for hybrid vehicles, bio-diesel vehicles and diesel vehicles.