Back in November 2009, Nissan CEO Carlos Ghosn said 20 percent of his company's sales would be electric cars by 2020--and that electric cars would make up 10 percent of global sales.
But Ghosn was widely pillored for his projections just a few years later, when Nissan Leaf sales proved slower than expected after its December 2010 launch.
As the car approaches its fifth birthday, around 200,000 Leafs have been delivered. It's the best-selling electric car in history, but still just a tiny fraction of the company's sales.
DON'T MISS: Nissan And Renault Have Now Sold More Than 250,000 Electric Cars (Jun 2015)
Global sales last year for Nissan and its French alliance partner Renault together were 8.5 million vehicles; battery-electric cars were 82,602 of those, or roughly 1 percent.
Nevertheless, Nissan said this week that it expects a major inflection point in electric-vehicle sales sometime between 2019 and 2021.
Tshering Tobgay, prime minister of Bhutan, with Nissan CEO Carlos Ghosn and Nissan Leaf electric car
It will ramp up sales of electric cars to 5 percent of the total between now and then, the company said--and 10 percent "in the near future" after that.
The statements came not from Ghosn, but from Nissan corporate officer Hiroto Saikawa, at an event at the company's Yokohama headquarters on Tuesday.
The enabling factor will be a "breakthrough battery" that permits a range of 200 miles, he said, which Nissan will launch within the next few years.
That battery is widely expected to be offered in the second-generation Nissan Leaf, to be introduced as a 2017 or 2018 model.
Chevrolet Bolt EV concept, 2015 Detroit Auto Show
The first-generation Leaf has been fitted with batteries that provide U.S. rated ranges of 73 miles, 84 miles, and now 107 miles.
But with the 2017 Chevrolet Bolt EV to launch before the end of 2016 with a promised range of 200 miles, the bar has been upped significantly.
BMW is also expected to boost the range of its i3 electric minicar, which its CEO Harold Krüger confirmed it would do next year, most likely for the 2017 model year.
Finally, Tesla has said it will unveil its $35,000, 200-mile Model 3 sedan next spring and put that car into production by the end of 2017.
The company's track record of meeting deadlines in the past may argue for a more realistic volume production date of 2018 or 2019.
But it remains unclear what vehicles beyond the Leaf Nissan expects to achieve its 10-percent goal.
Nissan e-NV200 electric van on assembly line in Barcelona, Spain; production started in May 2014
Still, Nissan clearly intends to hang onto its position as the world's highest-volume producer of electric cars.
And it appears to be in no immediate danger of losing that crown, albeit perhaps at considerably lower volumes than Ghosn predicted five years ago.
[hat tip: Matthew Klippenstein]