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Nissan to invest $115 million for mass production of lithium ion batteries

Nissan admits that it has fallen behind when it comes to eco-friendly automobile technology, and it's working hard at rectifying that situation. With all of Nissan's ambitious plans for electric and hybrid vehicles in the coming years, it is going to need lots and lots of batteries, lithium ion batteries in specific. To that end, the NEC and Nissan joint venture will be opening a new plant for the mass production of its batteries. Initial output is expected to be roughly 13,000 units per year, but we're unclear if that means individual cells ... Read more →

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