Nissan wants to be one of the first to use solid-state batteries because they promise to shake up the electric car world by reducing prices and improving performance. The first EV with completely solid-state batteries will be released by the company in the fiscal year of 2028. A prototype production facility for these batteries was unveiled at a Japanese research center and it will open a pilot manufacturing line in Yokohama in fiscal 2024.
Thanks to the use of less expensive materials, the shift away from conventional batteries is expected to make EVs more affordable. The cost of solid-state batteries will be reduced to $75 per kilowatt-hour in 2028 and $65 after that. Nissan said that the cost of an EV would be the same as a gas-based car.
There are other benefits to the technology. Solid-state batteries have twice the energy density of existing batteries, which could deliver greater range, reduced weight and shorter recharging times. It could make EV practical for would-be owners.
Nissan is not the only brand racing to introduce solid-state batteries. Toyota expects to use the technology in hybrid vehicles by 2025. This is one of the more ambitious strategies for the tech. Nissan's still-small EV range will expand significantly in the next few years as electric cars become practical for more of its lineup.