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NewsNissan Says its EVs Will Reach Price Parity with Combustion-Powered Models by...

Nissan Says its EVs Will Reach Price Parity with Combustion-Powered Models by 2030 Thanks to Solid-State Batteries and Gigacasting

Nissan aims to reduce the cost of its future EVs by 30% by leveraging new technologies.

  • Solid state batteries should help the company’s EVs offer more range and faster charging.

  • Gigacasting will be used to manufacture the rear floor of upcoming EVs.

  • Nissan believes using both technologies could help it reduce production costs by 30%.

Nissan is working on a new generation of electric vehicles that will make use of two upcoming technologies when they arrive on the market in 2028.

Indeed, the Japanese company says these future EVs will be powered by Solid-State batteries and they will be built using gigacasting.

Solid-State batteries are considered by many to be the “next big thing” in the development of electric vehicles since they offer a number of advantages over liquid-based lithium-ion batteries such as those used in almost every EV on the market today.

2023 Nissan Ariya | Photo: Matt St-Pierre

These advantages include faster charging, longer range, being less affected by variations in temperature, using fewer resources and being safer in case of a fire or an accident.

Nissan says that these batteries also have the potential to be twice as energy-dense as typical lithium-ion batteries, which could allow the automaker to use smaller batteries without compromising range.

Doing so would obviously lead to lower production costs, but also a lower environmental impact for future electric vehicles, including upcoming electric pickup trucks.

Nissan is currently building a pilot production line for solid-state batteries in Japan and it intends to manufacture its first unit in March of 2025. Eventually, the company plans to ramp up production to 100-megawatt hours per month with the help of 100 employees per shift.

Nissan Hyper Punk concept | Photo: Nissan

The other technology Nissan plans to use in the manufacture of its future electric vehicles is gigacasting, which is a way to make larger metal stampings which can replace many smaller parts.

In Nissan’s case, large casting presses will be used to manufacture the rear floor of its next EVs, which will be a large piece of lightweight aluminum.

By making the floor in one single piece, the company expects a cost reduction of about 10% and a weight reduction of 20% versus traditional body assemblies.

By combining solid-state batteries and gigacasting, Nissan says it will be able to reduce the cost of its next-generation EVs by about 30% , which would make them reach price parity with similar combustion-powered vehicles by the end of the decade.

Source: Carscoops

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