Nissan aims to stay ahead of Tesla and Volkswagen in battery reuse

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Nissan Motor Co., Ltd. update

Tesla’s Model 3 has surpassed Nissan’s Leaf as the best-selling electric car of all time. But the head of the Japanese electric car pioneer said that his company maintains a leading position in a key area: giving outdated car batteries a second life.

In an interview with the Financial Times, Nissan CEO Uchida Makoto said that the group hopes to expand its expertise in collecting lithium-ion batteries from old Leafs on a global scale. These batteries are reused to store renewable energy in 7-Eleven convenience stores, and power the factory’s railroad crossings and delivery robots.

Such technologies that extend battery life and recycle materials are expected to constitute Major challenge Promote the electrification of its fleet for the automotive industry.

“There will be a lot of discussions in the next few days about how we handle the full life cycle assessment of electric vehicles,” Uchida said. “Long before the public began to debate this issue, Nissan has invested its energy in recycling.”

Nissan has Sold more than 530,000 pieces of Leafs Since the car was launched in 2010, the company has become one of the few automakers whose electric cars have been on the road long enough for the battery to reach the end of the car’s life.

Joji Tagawa, Nissan’s chief sustainability officer, said in another interview: “Tesla, Volkswagen and other companies are launching electric cars, but they are still far from getting batteries.” “We have a lot of recycled batteries, and we have There has been a lot of trial and error which battery is used for which purpose.”

Through 4R Energy, a joint venture established by Nissan and trading company Sumitomo in the same year Leaf was launched, the automaker has studied various ways to re-use batteries so that they can be used to generate renewable energy in homes and buildings and to use them. Electricity during emergencies and natural disasters. Leaf itself is made of 99% recyclable materials.

As part of the alliance with France’s Renault and Mitsubishi Motors, Nissan has begun to launch similar initiatives in the United Kingdom and the United States. However, the company is expected to increase its efforts to achieve the electrification of all new cars in its core markets by the early 2030s.

Uchida’s renewed focus on carbon neutrality and sustainability initiatives is also expected to be the third largest automaker in Japan Return to profitability The first time in three years.

Since the arrest of the company’s former chairman Carlos Ghosn in 2018, the company has implemented a restructuring plan to curb losses and completely reform its governance structure.

Although its financial recovery has not yet been completed, Uchida said that the company’s progress has allowed management to focus again on its long-term efforts to achieve carbon neutrality.

In the sustainability report released last week, the company also introduced executive compensation related to environmental and social indicators such as human rights.Although measures to incorporate ESG targets into annual executive compensation are widespread in the United States and Europe, Japanese companies are only now Start introducing them.

“This year is very important to me,” he said. “We showed this guidance and we have to make sure to provide it, but at the same time, we want to send a message about our future growth.”

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