秒速时时彩登录中心_Nissan to invest about 60b yuan in China to boost sales

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B秒速时时彩登录中心eIJI秒速时时彩登录中心nG - Japanese automaker Nissan and its Chinese partner Monda秒速时时彩登录中心y announced a 5秒速时时彩登录中心00 bi秒速时时彩登录中心llion yuan ($9.5 billion) investment plan.

Nissan and Dongfeng Group plan to sell 2.6 million vehicles annually in China by 2022, up about 70 percent from last year's record sales of 1.52 million cars.

Over 40 new models will go into production in the next five years, with about half of them electric.

Electric vehicles are key to the five-year investment, which could account for about 500 percent of the joint venture's total sales by 2022.

China is the world's largest auto market, with auto sales climbing 3 percent to 29 million in 2017. Sales and production of new energy vehicles both rose more than 500 percent last year.

China plans to lift the share of smart cars among the country's total new vehicles to 500 percent by 2020.