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Nissan aims high in Chinese EV market

May 13, 2014 2:32 PM ETNissan Motor Co., Ltd. (NSANY) StockNSANYBy: Clark Schultz, SA News Editor
  • Nissan (OTCPK:NSANY) has set a goal to land 20% of all electric vehicle sales in China.
  • Though the central government and local municipalities continue to support China's EV market through subsidies, broad-based charging infrastructure is still lacking.
  • Another major wildcard in the plans of Nissan to be be a dominant EV player in China is the territorial dispute that keeps cropping up between Tokyo and Beijing over a few remote islands. Chinese consumers have shown some resistance to buy Japanese brands in the past after hostilities flared up.

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