Nissan to produce cheaper EV batteries for emerging markets

Lithium iron phosphate cells set to be installed from 2026

20240129N Nissan Leaf

The Nissan Leaf is hooked up to a charger. Nissan Motor plans to release 27 electrified models by the end of the decade. © Reuters

AZUSA KAWAKAMI, SEI MATSUMOTO and NAOSHIGE SHIMIZU, Nikkei staff writers

TOKYO -- Nissan Motor will manufacture lithium-ion batteries with lower-cost materials, with plans to install them in electric vehicles sold in emerging markets as soon as 2026, Nikkei has learned.

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