Nissan shows in-construction all-solid-state battery pilot line in Japan. Nissan today showed its in-construction all-solid-state battery pilot line to members of the media at its Yokohama Plant in Kanagawa Prefecture.
The pilot line is aimed to further promote development and innovative manufacturing technologies for the batteries.
Under the Nissan Ambition 2030 long-term vision, Nissan aims to launch EVs equipped with the batteries by fiscal year 2028.
All-solid-state batteries, which will be game-changers for EVs, have the potential for energy density approximately twice that of conventional lithium-ion batteries, significantly shorter charging time due to superior charge and discharge performance, and lower costs due to less expensive materials. Nissan plans to use all-solid-state batteries in a wide range of vehicle segments, including pickup trucks, making its EVs more competitive.
Nissan is conducting wide ranging research and development, from molecular-level battery material research to electric vehicle development, and even city development using EVs as storage batteries. Utilizing this experience, Nissan is stepping up development with the goal of practical implementation.
Driving value and beyond
The Arc is positioned between the Nissan NEXT transformation plan running from fiscal year 2020 through fiscal year 2023 and Nissan Ambition 2030, the company’s long-term vision.
The new plan is split into mid-term imperatives for fiscal years 2024 through 2026, and mid-long-term actions to be carried out through 2030. Under the two-part plan, Nissan will first take actions to ensure volume growth through a tailored regional strategy and prepare for an accelerated transition to EVs, supported by a balanced electrified / internal combustion engine product portfolio, volume growth in major markets, and firm financial discipline.
Through these initiatives Nissan aims to lift annual sales by 1 million units and increase its operating profit margin to more than 6%, both by the end of fiscal year 2026.
This will pave the way for the second part of the plan aimed to enable the EV transition and realize long-term profitable growth, supported by smart partnerships, enhanced EV competitiveness, differentiated innovations and new revenue streams. By fiscal year 2030, Nissan sees a revenue potential of 2.5 trillion yen from new business opportunities.
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