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Nissan Plans Electric Car By Next Year

Nissan says it could sell an electric car as soon as fall 2010 with fuel-economy rating equivalent to 367 miles per gallon and a range of 100 miles on a charge, James R. Healey reports. The mpg equivalent is calculated using a federal formula that takes into account the fuel an electric utility would use to charge the car.

Nissan says the car will be priced about the same as a conventional midsize sedan. It hopes to sell a few electrics in 2010 where cities and counties are aggressively installing recharging stations, accelerating to tens of thousands a year as soon as 2012. CEO Carlos Ghosn says electrics will be 10% of Nissan global sales by 2015.

Automakers are spotlighting electrics 18 to 24 months ahead of production to be in the forefront of what they expect to be a large-scale shift to electric power the next few years.

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