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Nissan is announcing today a new goal to sell 1 million "electrified vehicles" a year by 2022 as part of its new M.O.V.E to 2022 midterm plan.

The product offensive will also include an affordable EV in China through the Renault-Nissan Alliance joint venture, eGT New Energy Automotive.

Reach 100 per cent connectivity for all of the company's brands which are Nissan, Infiniti and Datsun cars in some of the key markets.

Last year, Nissan introduced a revamped version of its Leaf electric vehicle that cost almost $29,000 and can travel about 150 miles on a single charge.

Electrification. As part of its electrification strategy, Klein said Nissan will launch a product offensive in China led by a new C-segment electric vehicle this year, derived from Nissan LEAF technology.

Offer a global crossover electric vehicle, inspired by the Nissan IMx Concept (earlier post). The concept, shown in the video below, was unveiled previous year.

The aim is to build off of the company's sales with the Nissan Leaf-the compact hatchback it launched in 2010-to reach different consumers.

Nissan will also continue to expand its e-POWER technology, already offered on the Nissan Note and Nissan Serena in Japan.

Through 2022, vehicles powered by its "e-power" gasoline-hybrid technology would likely comprise the majority of Nissan's electric line-up through 2022, it said.

Automotive electrification is happening fastest in Japan and Europe, and Nissan intends to make the most of the experience and technologies gained with its all-electric Leaf vehicle, Chief Planning Officer Philippe Klein told an audience at the company's Yokohama headquarters. "Our efforts are focused on delivering Nissan Intelligent Mobility, encompassing the three core elements of electrification, autonomous drive, connectivity and new mobility services". Its luxury Infiniti brand would begin carrying new electric models from 2021, it added.

Nissan and its rivals are planning to crank up development and production of electric cars in response to tightening emissions regulations around the world, even as demand for such vehicles remains limited due to their high cost and limited charging infrastructure. In fiscal 2017, the company embarked on Nissan M.O.V.E.to 2022, a six-year plan targeting a 30% increase in annualized revenues to 16.5 trillion yen by the end of fiscal 2022, along with cumulative free cash flow of 2.5 trillion yen.

Nissan is also plotting to sell one million ProPilot-equipped models per year by 2022.

The auto maker is also planning to equip 20 of its models, mostly in developed markets, with automated driving functions including self-driving capabilities on city roads by 2022. It will also provide a foundation to enable the expansion of connected and mobility services for Nissan, including robo-vehicle ride-hailing services.