Nissan Ordering Hitachi Batteries for 2013 LEAF Electric Car

Nissan intends to obtain batteries at lower prices from Hitachi, similar to how it pressured steel producers to cut their prices.

Published: 28-Aug-2012

Nissan Motor Co. will adopt lithium-ion batteries produced by Hitachi, Ltd., a non-affiliated company, for its eco-friendly model to be marketed in the United States for 2013, Nissan officials have said.

Although Nissan has already established a lithium-ion battery company jointly with NEC Group, it intends to obtain batteries at lower prices from Hitachi, the officials said.

If the move by Nissan is successful, pressure on battery manufacturers to cut prices is expected to intensify, industry sources said.

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