Nissan Motor Co., Ltd. (NSANY)
- Zacks
Nissan (NSANY) to Produce Next-Generation EV Batteries by 2029
Nissan (NSANY) plans to produce EVs powered by next-generation batteries at scale by early 2029.
- Reuters
China's Chery to open its first European manufacturing site in Spain
BARCELONA (Reuters) -China's Chery Auto has signed a joint venture deal with Spain's EV Motors to produce cars at its first factory in Europe, EV Motors and the Catalan regional government said on Tuesday. Chery, the junior partner in the joint venture, will start producing its Omoda vehicles at the plant first, while majority stakeholder EV Motors will start producing its own vehicles in the fourth quarter, the Spanish company said.
- Reuters
Japan's Nissan bets on solid-state batteries, gigacasting for next-gen EVs
Japan's Nissan Motor will begin to produce solid-state batteries for electric vehicles at scale by early 2029 and use huge casting machines as it seeks to raise efficiency and drive down costs on future models, the automaker said on Tuesday. Nissan is betting on technological advancements to stave off heavy competition from rivals such as Tesla and BYD that have raced ahead in production of battery-powered cars. Japan's third-biggest automaker by volume will initially do prototype tests and develop the solid-state batteries at a still unfinished pilot plant in Yokohama, a city near Tokyo where it is based, before building up production capacity.
