Nissan to develop new compact hybrids – Nikkei

Nissan (7201.T) aims to develop its own hybrid technology for small and midsize cars and end its procurement of hybrid components from Toyota (7203.T), the Nikkei business daily reported on Friday.

Using the technology, Nissan aims to roll out a hybrid version of the Serena minivan, its best-selling minivan in Japan, in its home market in 2011, the newspaper said.

Nissan, Japan’s third-largest carmaker, has said that it plans to begin selling a luxury car using its own hybrid system in 2010 but an expansion of its hybrid line-up would suggest a shift in strategy for the company, which has focussed its efforts on pure electric cars.

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