Nissan Motor Co plans to start full production of lithium-ion
batteries for automobiles by 2009 to meet the growing demand for
electric vehicles and hybrid cars, the company said Monday.
The venture company Automotive Energy Supply Corporation (AESC),
which is owned by Nissan, NEC Corporation and its subsidiary NEC TOKIN
Corporation, will develop and produce advanced lithium-ion batteries
with an annual output capacity of 13 000 units.
On a capital investment of 12 billion yen (114.6 million dollars)
for the first three years, AESC plans to expand its annual production
capacity to 65 000 units.
While Nissan plans to introduce electric cars to the United States
and Japan in 2010, and to the rest of the world in 2012, it also plans
to supply lithium-ion batteries to other automakers.
Nissan has not yet produced a hybrid model car and the Altima petrol-electric
hybrid sedan marketed in the US market adopts the system from Toyota.
The advanced batteries AESC plans to produce would generate twice as
much power as the existing lithium-ion or nickel metal hydride