TOKYO --- Nissan's joint venture with electronics maker NEC Corp. will invest $115 million to start mass-producing lithium-ion batteries -- a technology widely viewed as key for next-generation "green" cars.
Nissan Motor Co. Executive Vice President Carlos Tavares told reporters Monday the Japanese automaker wants to be a global leader in "zero-emission vehicles."
Lithium-ion batteries are now more common in laptops and other gadgets, although all the world's major automakers are working on applying the batteries for their cars.
The new batteries will be more powerful than -- and half the size of -- the nickel-metal hydride batteries commonly used in ecological cars today, Nissan officials said.
Nissan's joint venture, called Automotive Energy Supply Corp., plans to make advanced lithium-ion batteries for electric vehicles, hybrids and fuel cells -- all important technology to reduce pollution and gases linked to global warming.
"Nissan firmly believes the ultimate solution for sustainable mobility lies in zero-emission vehicles," Mr. Tavares said.
A plant for the batteries, set to be running by 2009, will have annual production capacity of 65,000 and a starting capacity of 13,000, Nissan said. The investment will cover three years, it said.
The first commercial products with the new batteries will be Nissan forklifts in 2009, but electric vehicles for the U.S. and Japanese market will follow in 2010, Mr. Tavares said.
Nissan has been sometimes criticized as falling behind Japanese rivals such as Toyota Motor Corp. and Honda Motor Co. in ecological technology.
Toyota has a big hit with its gas-electric hybrid, Prius, which has already crossed the 1 million sales mark worldwide over the decade it has been on sale. Honda also has its own hybrid and fuel-cell models.
Nissan has said it will introduce its own hybrid in 2010, besides the electric vehicles planned for the U.S. and Japan.
By 2012, Nissan plans to mass-market electric vehicles to consumers globally. It is also planning to make zero-emission electric vehicles available on a wide scale in Israel and Denmark in 2011. Nissan said it will market its lithium-ion battery to other automakers and customers, an effort that will help cut costs by boosting production numbers.






