London, September 06, 2024, (Oilandgaspress) ––Nissan Motor Co., Ltd. announced today that its development and mass production of in-vehicle, lithium-iron-phosphate (LFP) batteries has been certified in Japan by the Ministry of Economy, Trade and Industry (METI).
Through the development and mass-production of LFP batteries, Nissan intends to establish a base in Japan by strengthening the supply chain of storage batteries, a Japanese government policy, and promoting the use of electric vehicles fitted with LFP batteries.
Nissan president and CEO Makoto Uchida said: “Nissan will adopt LFP batteries to meet the diverse needs of customers and to provide more affordable electric vehicles. The batteries, to be developed and mass-produced in Japan, will be installed in electric minivehicles starting in fiscal year* 2028. We aim to establish a base for LFP batteries in Japan by making the most of the government support approved by METI.”
Outline of METI certification of Nissan LFP batteries
| Organization name | Nissan Motor Co., Ltd. |
| Total value of business | Approx. 153.3 billion yen |
| Grant amount | Approx. 55.7 billion yen (maximum) |
| Production scale | 5 GWh (in Japan) |
| Item | Vehicle battery with new structure |
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