Nissan Motor Co. Joining Forces With NEC to Produce Batteries for Electric Cars and Hybrids

Discussion in 'Prius, Hybrid, EV and Alt-Fuel News' started by cwerdna, Apr 13, 2007.

  • by cwerdna, Apr 13, 2007 at 2:57 AM
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    cwerdna New Member

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    http://biz.yahoo.com/ap/070413/japan_nissan.html?.v=4

    There's a mention of "Nissan was near bankruptcy before entering an alliance with Renault SA of France in 1999, and is forging a gradual turnaround..." That's a bit misleading. Although they're facing some bumps now, Ghosn turned the company around from near bankruptcy to record profits and get rid of their debt.

    Per http://www.iht.com/articles/2005/03/29/bloomberg/sxghosn.php, in 2005, Nissan was "the most profitable of the world's five biggest automakers in terms of sales, with a 10 percent operating margin in the three months that ended in December. That compares with 9.1 percent for Toyota Motor and 0.5 percent for General Motors, according to Merrill Lynch"...
    cwerdna, Apr 13, 2007
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Comments

Discussion in 'Prius, Hybrid, EV and Alt-Fuel News' started by cwerdna, Apr 13, 2007.

  1. nerfer
    I read this too, but concentrated more on this part:
    Two questions:
    1) Is Nissan currently using Toyota's technology or just licensing the patent rights, like Ford is supposedly doing?
    2) Weren't NEC and Subaru working on battery technology together (for electric and hybrid vehicles)? Now of course Toyota bought a controlling interest in Subaru. Does this mean the NEC project was nixed around that time? It would ironic if Toyota ended up buying Li-Ion batteries from Nissan.
    nerfer, Apr 13, 2007
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