Nissan bets on electric cars, not biofuels
CHIBA, Japan--Nissan is going to come out with more hybrid cars and completely electric vehicles in a few years.
But it's less excited about ethanol and biodiesel.
Technically speaking, designing an ethanol or biodiesel car is fairly straightforward, said Minoru Shinohara, senior vice president and general manager of the Technology Development Division at Nissan, during a meeting at the Ceatec show here this week.
The problem is the cost of the fuel. Both biodiesel and ethanol cost more than regular gas, when changes in mileage and other factors are calculated.
"The most important thing is availability of fuel,&… Read more