Sean McLain reports for The Wall Street Journal on Nissan’s plans to invest in battery-powered vehicles.
- Nissan will invest $17.6 billion over the next 5 years to add 20 new EVs to its lineup.
- Nissan will invest in solid state batteries and will also explore ways to reduce costs of its batteries by using alternative materials.
- Nissan is showing that the private sector is best equipped to advance clean energy solutions.
“Beyond that, Nissan is investing more than $1 billion in solid-state batteries, which will replace the liquid electrolyte used in current lithium-ion batteries with a solid one. That technology allows batteries to be lighter and safer, Nissan said. The car maker aims to have its version in production by 2028.”
Read the full article here.