Nissan to Build LFP Battery Plant in Kitakyushu with 985 Million USD Investment

Credit: Nissan

Nissan has confirmed the location for its upcoming LFP battery factory, which was first announced last year. The plant will be constructed in Kitakyushu, located in Fukuoka Prefecture, Japan, with construction set to begin this year.

The Japanese carmaker plans to invest 53.3 billion yen (approximately 985 million US dollars or 950 million euros) into the facility, which is expected to commence operations in 2028.

The factory will have an annual capacity of 5 GWh and will primarily produce LFP (Lithium Iron Phosphate) batteries for use in small electric vehicles, including compact battery packs.

See also: Nissan to Launch Next-Generation LEAF with Updated Powertrains from New JATCO Facility in Sunderland

Nissan has already identified the LFP battery technology as a key component for its future electric vehicles, including an offshoot of the Renault Twingo planned for 2026. With an expected starting price of under 20,000 euros, the new Nissan model is a potential candidate for the LFP battery packs.

In addition to the 53.3 billion yen investment, the Japanese government is providing a subsidy of up to 340 million euros for the project.

This subsidy is part of Japan’s broader strategy to secure a stable supply of key components necessary for economic security. Toyota and Panasonic are also benefiting from similar government support for their respective battery production initiatives.

See also: Next-Gen Nissan LEAF Spotted Testing with Crossover Design

Fukuoka Prefecture Governor Seitaro Hattori highlighted the importance of this project, noting that the region aims to become a significant hub for “green advanced mobility.” Nissan’s commitment to electrification was underscored by President Makoto Uchida, who emphasized the importance of the new plant in advancing the company’s efforts to produce competitive electric vehicles and LFP batteries.

Add a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Keep Up to Date with the Most Important EV News

By pressing the Subscribe button, you confirm that you have read and are agreeing to our Privacy Policy and Terms of Use