Nissan says it will make next-generation EV batteries by early 2029 | Yuri Kageyama / AP Business Writer

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YOKOHAMA, Japan — Nissan expects to mass produce electric vehicles powered by advanced next-generation batteries by early 2029, the company said Tuesday during a media tour of an unfinished pilot plant. Japan's legacy automakers have fallen behind newer rivals like America's Tesla and China's BYD in the emerging all-electric auto sector.

Nissan Executive Vice President Hideyuki Sakamoto speaks with reporters during a tour of what is set to be a plant for electric vehicles powered by all-solid-state batteries in Yokohama, Japan Tuesday, April 16, 2024. Nissan expects to mass produce electric vehicles powered by advanced next-generation batteries by 2028, the company said Tuesday during a media tour of an unfinished pilot plant.

But Nissan, like other companies, sees a chance to catch up and perhaps leap ahead with a new kind of battery that promises to be more powerful, cheaper, safer and faster to charge than the lithium-ion batteries in use today. A facility that is set to be a plant for electric vehicles powered by all-solid-state batteries is seen during a media tour in Yokohama, Japan, Tuesday, April 16, 2024. Nissan expects to mass produce electric vehicles powered by advanced next-generation batteries by 2028, the company said Tuesday during a media tour of an unfinished pilot plant.

“Once electric vehicles get going, costs will come down compared to the internal combustion engine. They will also be so convenient. For one, you won’t ever have to go to a gas stand,” Executive Vice President Hideyuki Sakamoto told reporters at a tour of the sprawling facility southwest of Tokyo.Nissan officials offer few details about many aspects of the technology, as well as the amount of investment and global production plans.

 

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