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Nissan eyes 1.5 million electric cars by 2016
by Staff Writers
Tokyo (AFP) Oct 24, 2011


Japanese auto giant Nissan is aiming to sell 1.5 million electric vehicles around the world by 2016, the company said Monday, as it looks to capitalise on growing demand for green products.

Japan's second-largest automaker behind Toyota said it wants to be the world's largest player in so-called "zero-emission vehicles", including a new fuel cell electric vehicle developed with Daimler.

The company, which is 43.8 percent owned by French partner Renault, has sold 15,000 Leaf electric cars, the only model it produces, but plans to add a further seven models across the group.

"More consumers are demanding products in line with their values, including cars and trucks with a lower carbon footprint. At the same time, we are using technology to make our factories greener and more efficient," said Nissan President and Chief Executive Officer Carlos Ghosn.

"Nissan wants to be part of the solution toward a sustainable society -- for the sake of the planet and as a significant competitive advantage and a strategic differentiator in the global manufacturing sector."

In addition to the target of 1.5 million electric vehicles, the company said it is also aiming for an average 35 percent improvement in fuel economy on 2005 figures for vehicles sold in Japan, China, Europe and the United States.

Last month, Nissan said it was teaming up with US-based General Electric to explore ways to promote the use of electric vehicles.

Japanese firms were hit hard by power and chronic parts supply shortages in the wake of March's earthquake and tsunami, with the likes of Nissan, Toyota and Honda having to sharply reduce production and shut plants due to a lack of crucial components.

However, Nissan's recovery has outpaced its peers with global production in June growing 18.5 percent year-on-year to 419,831 units. Toyota and Honda declined by 7.9 percent and 44.5 percent respectively.

Nissan sold a total of 1,056,000 vehicles globally in the first quarter of fiscal 2011, up 10.6 percent on-year.

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Exports drive growth in China's car market: report
Beijing (AFP) Oct 24, 2011 - The growth of China's car market will be driven primarily by exports this year because domestic sales have slowed dramatically, state media reported on Monday.

China -- the world's largest car market -- sold 614,000 cars abroad in the first nine months of 2011, a 60 percent rise on the same period last year, the China Business News daily said.

"The export market has this year become the main driver of growth for car sales in China," it said, forecasting sales for the year would reach 800,000.

China overtook the United States in 2009 to become the world's largest car market, but the sector has since lost some steam after the government phased out most sales incentives ushered in to ward off the worldwide economic downturn.

In the first nine months of this year, manufacturers sold 13.6 million cars in China -- just 3.6 percent more than in the same period a year earlier.

Industry forecasts put growth for the full year at around five percent over last year, well down from a 32 percent year-over-year growth rate in 2010.

China said last week its economic growth had slowed to 9.1 percent in the third quarter, the lowest rate in two years, as government efforts to tame inflation and turbulence in Europe and the United States curbed activity.



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What makes tires grip the road on a rainy day?
Heidelberg, Germany (SPX) Oct 24, 2011
A team of scientists from Italy and Germany has recently developed a model to predict the friction occurring when a rough surface in wet conditions (such as a road on a rainy day) is in sliding contact with a rubber material (such as a car tire tread block) in an article to be published shortly in the Springer journal EPJE. In their study, B.N.J. Persson from the Julich Research Center in ... read more


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