Nissan, Burned by Experience, Shuns Bold EV Forecasts

TOKYO— Nissan Motor Co. was once the world’s loudest proponent of electric cars, but these days it is one of the more sober voices.

On Monday, the Japanese car maker said it would spend about $17.5 billion on 20 new battery-powered models, aiming to have half its sales come from electric cars or hybrids by 2030.