Nissan plans to produce lithium iron phosphate (LFP) batteries as it looks to lower EV prices. With cheaper materials, the batteries are about 20% to 30% cheaper to build than lithium-ion batteries with NCM. The move will put it in direct competition with BYD, the leading LFP battery maker.
Nissan is developing LFP batteries to lower EV prices
Although Nissan was topped by China’s BYD in passenger vehicle sales in November, the automaker has a plan to regain its share.
According to a new report from Nikkei, Nissan plans to begin installing cheaper LFP batteries in electric vehicles. The EVs will be sold in emerging markets as early as 2026, according to the report.
Although LFP batteries are up to 30% cheaper to produce than lithium batteries with nickel, cobalt, and manganese (NCM), they also have less energy density.
LFP batteries have about 20% to 30% less driving range than NCM. However, that could be suitable in current regions. Nissan is currently developing the new battery tech at its R&D facility in Japan. The report mentions Nissan may build the LFP batteries in-house at its Yokohama plant, among other facilities.
Nissan expects the new batteries to be used in EVs as early as 2026. It’s currently looking for partners to advance the tech and could import from outside the company.
According to data from the China Automotive Battery Industry Innovation Alliance, BYD dominated the LFP battery market with a 41.1% market share through last November. Rival CATL was second with 33.9% of the share.
BYD’s Blade Battery is equipped on EVs being sold globally. The electric BYD Seal with BYD Blade has claimed range of up to 435 miles (700 km). BYD launched the electric sedan in Mexico last month, starting at $44,600 (778,800 pesos).
BYD’s Blade Battery played a key role in topping Tesla to become the global EV sales leader in the last three months of the year. The Chinese automaker sold nearly 1.6 million EVs last year as it expands into new overseas markets. Nissan could take a page from BYD.
Electrek’s Take
Although it took over a decade for Nissan to release its second EV, the Ariya, after the LEAF hit the market in 2010, Nissan looks to make up for lost time.
Nissan is already behind EV leaders like Tesla and BYD, but the automaker wants to get back on track.
Nissan’s CEO, Makota Uchidam, said the company needs to clean out the closet if it wants to remain competitive.
As part of its midterm update, the automaker is preparing to reveal a new EV plan to right the ship. Uchida said, “We cannot continue old ways of business from the past into the future.” The new strategy, expected to be introduced in March, will address how Nissan plans to compete with low-cost models from China.
Nissan said it will launch 19 new EVs by 2030, but that could change with a new strategy coming. Although Ariya sales (and production) are picking up, cheaper options could help Nissan regain competitiveness.
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On today’s informative episode of Quick Charge, we’ve got Honda engineers Jason Hwang and Emilio Sanchez to talk us through some of the things that make the GM Ultium-based Honda Prologue EV feel like a real Honda, and why that matters.
Jason and Emilio talk about some of the choices they made to make the Honda Prologue and Acura ZDX feel different from its GM-branded cousins, and explain why this was much more than a case of badge-engineering. Give it a listen, then let us know what you think of the Prologue and ZDX in the comments.
Today’s episode is sponsored by BLUETTI, a leading provider of portable power stations, solar generators, and energy storage systems. For a limited time, save up to 52% during BLUETTI’s exclusive Black Friday sale, now through November 28, and be sure to use promo code BLUETTI5OFF for 5% off all power stations site wide. Learn more by clicking here.
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The first EV charging hub funded by the Charging and Fueling Infrastructure (CFI) Program in the Eastern US is now online in Deerfield, Massachusetts.
The town installed the region’s first DC fast chargers (four ports), along with four Level 2 chargers, at 59 North Main Street in South Deerfield.
These new charging stations, funded with $2.46 million from the CFI program, are conveniently located near Interstate 91 in Franklin County, the most rural county in Massachusetts, which serves drivers from Connecticut up to the Canadian border.
The hub also features local and regional bus stops and designated bike lanes with secure onsite bike racks. The chargers are meant to cater to everyone: from local residents and visitors to municipal EVs and commercial vehicles that service the region’s businesses, like those in food and beverage manufacturing.
Gabe Klein, executive director of the Joint Office of Energy and Transportation, sees this as a model for future projects:
Multi-modal charging hubs in communities are key to giving more people the choice to ride and drive electric. The Town of Deerfield is showing leadership in building out convenient charging infrastructure that brings new transportation choices to rural and disadvantaged communities while supporting local commerce.
In recent years, Deerfield has experienced increased climate change-driven flooding from nearby rivers, including the Deerfield River, the Connecticut River, and the Bloody Brook. The project incorporates environmental engineering designed to mitigate and adapt to the effects of flooding and climate, including the installation of permeable asphalt and rain gardens, planting of native trees, grasses, and shrubs, and the creation of new greenspace in the center of Deerfield.
The Biden-Harris administration’s CFI Grant Program is expanding EV infrastructure nationwide. It offers grants for projects that complement and expand upon the initiatives of the NEVI program in urban, rural, and disadvantaged and low-income communities. So far, the CFI Grant Program has allocated over $1 billion to nearly 100 projects across the US, encouraging private investments and expanding the EV charging network to make EV ownership more practical and convenient.
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Kia’s upcoming EV4 electric sedan was just spotted testing in the US for the first time. The low-cost EV is expected to make its big debut by the end of the year. Here’s a look at the new model.
The EV4 will round out Kia’s new “EVs for all” master plan launched last year. Kia showcased three new models, the EV3, EV4, and EV5, during its first annual EV Day in October 2023.
During the event, Kia outlined its new global strategy to “lead and accelerate the EV revolution” with a wide range of models priced from $30,000 to $80,000.
Kia plans to rapidly expand its lineup with a series of smaller, lower-priced models. It launched the EV9, its first three-row electric SUV, which is already proving to be a hot seller in the US. Starting at under $55,000, the EV9 is still a great deal compared to others in its class, but Kia plans to go even lower.
The EV3 and EV4 are expected to be among the most affordable electric vehicles when they arrive in the US.
Kia’s new EV4 is now testing in the US
Ahead of its official debut, Kia’s new EV4 sedan was recently caught driving on US streets for the first time.
The latest image from KindelAuto doesn’t reveal much more than what’s been shown in the past, but the fact that it’s now testing in the US is significant.
Kia’s EV3 is already on sale in Korea, starting at around $30,000 (42.08 million won). Earlier this week, the company said its new compact SUV is now available across Europe, starting at around $38,000 (36,000 euros) with a “segment-leading range” of up to 375 miles (WLTP).
Next up will be the EV4. Kia is expected to officially reveal the new EV by the end of the year, with deliveries starting in 2025. It could be as soon as next week at the 2024 LA Auto Show.
The interior will feature Kia’s advanced new ccNC infotainment system with dual 12.3″ navigation and driver display screens. An otherwise minalimalistic design is expected inside.
Kia’s EV4 will also be available in a hatchback variant. Although the hatch is likely aimed at European buyers, it was also recently spotted testing in the US for the first time.
We will learn official prices closer to launch, but the EV4 is expected to start at around $35,000 to $40,000.
Kia is teasing five new vehicles for the US, at least one being a new EV, that will debut at the LA Auto Show next week. Will it be the EV3? EV4?
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