YOKOHAMA, JAPAN – Nissan announced it plans to sell a new hybrid vehicle and a new plug-in hybrid model. The automaker made the announcement in the context of its new Nissan Green Program 2016 (NGP 2016) plan.

The company said that in addition to the new vehicle, it plans to improve fuel economy, by 35 percent on a corporate average, compared with 2005, on all of its vehicles sold in the U.S., Japan, China, and Europe. Nissan said it also plans to reduce CO2 emissions for each vehicle it sells by 20 percent when compared to 2005.

For the new hybrids, the automaker said the hybrid will be an all-new front-wheel-drive model. The plug-in hybrid will also be an all-new model. Nissan said it plans to sell these vehicles in the U.S., Japan, China, and Europe.

You can watch a video presentation by Nissan's President and CEO Carlos Ghosn in the video below.

The automaker said it plans to introduce a next-generation continuously variable transmission (CVT) and reach 20 million units of cumulative CVT production since Nissan first launched that type of transmission in 1992.

As part of its NGP 2016 plan, Nissan said its goal is to be number one in zero-emission vehicles by achieving cumulative sales of 1.5 million units by 2016. The automaker said it will lead the development of an all-new fuel cell electric vehicle by working with its strategic partner Daimler.

The company also said it plans to reduce its corporate environmental footprint with a 20 percent reduction in CO2 emissions per vehicle due to corporate activities (manufacturing, distribution, etc.), compared to 2005 levels, by 2016. Nissan also plans to raise the usage rate of recycled materials to 25 percent by 2016.