Nissan Motor Co., Ltd., and Sumitomo Corp. announce plans to form a business venture to market lithium-ion batteries previously used in electric vehicles, giving them a second-life as energy-storage solutions in global markets. The “4R” business model defined by the two companies is designed to capitalize on the supply of reusable Li-ion batteries as EVs achieve widespread marketplace acceptance. Nissan unveiled its Leaf EV in August, billing it as the world’s first affordable ...
Premium Content (PAID Subscription Required)
"Nissan, Sumitomo to Form JV to Market Reusable Li-ion Batteries for Energy Solutions" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.