Nissan (NSANY) to Produce Next-Generation EV Batteries by 2029
Nissan Motor(NSANY) Zacks Investment Research·2024-04-17 21:10
Nissan Motor Co., Ltd. (NSANY) plans to produce electric vehicles (EVs) powered by next-generation batteries at scale by early 2029. In a bid to improve efficiency and reduce costs on future models, the automaker will use huge casting machines.The Japan-based automaker is trying to catch up with rivals like Tesla and BYD Co. in the emerging all-electric auto sector with batteries that are more efficient, cheaper, safer and take less time to charge than the existing lithium-ion batteries.The solid-state batt ...