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Renault-Nissan admits it will miss 2016 electric car target –

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Global sales of electric cars are more than four years behind expectations, Carlos Ghosn of Renault-Nissan said, as he admitted for the first time that the industry leader would miss its targets for the new generation of vehicle.
Mr Ghosn, speaking in an interview with the Financial Times, conceded that the market is failing to live up to his expectations. As chief executive of both Renault and Nissan, Mr Ghosn has ploughed billions of dollars into electric vehicles and become their most outspoken cheerleader.
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Renault and Nissan, which operate in a global alliance, had previously said they would sell 1.5m electric cars between them by the end of 2016.



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