Nissan to bet on plug-in hybrid technology as EVs lose steam

TOKYO — Nissan Motor plans to develop its own plug-in hybrid electric vehicles, set to hit the market in the late 2020s, Nikkei has learned, and is also considering supplying PHEVs to partner company Mitsubishi Motors' Honda Motor. , does not offer that type of car in the Japanese market.

As sales of all-electric vehicles stagnate amid high prices globally, Nissan sees high-margin PHEVs as an important bridge to widespread EV adoption.

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