Nissan, Sumitomo to Lease, Sell Used Electric Car Batteries

Used LEAF electric car batteries would be leased to renewable energy producers and secondary customers, helping lower cost of batteries.

Published: 22-Oct-2009

Nissan Motor on Tuesday announced plans to market used lithium-ion batteries from its soon-to-launch Leaf electric car to solar-power generators and other secondary customers, the first major scheme of its kind that could bring down the high cost of owning a zero-emission vehicle.

Nissan is to partner with Sumitomo Corp, the Japanese trading and investment company, which operates a range of equipment-leasing businesses. The two are to form a joint venture in Japan and the US next year that will eventually sell or lease the second-hand batteries.

Nissan’s batteries, developed with NEC, the Japanese electronics group, should retain 70 to 80 per cent of their recharging capacity at the end of a car’s normal driving life of about 10 years, according to the carmaker.


Honda Insight was first car to utilize UltraBattery, driving 100,000 miles.

The technology is approximately 70 per cent cheaper than the batteries currently used in hybrid electric vehicles.

Lead-acid batteries in Orion hybrid-electric transit bus has proven far from reliable, TTC claims.

The hybrids on order for 2009 will still be delivered, and will be fitted with lithium-ion batteries instead of the lead-acid ones that have been lasting only 18 months instead of the four years expected.

General Electric also has financial interest in Think electric car.

GE has now invested another $30 million in A123, raising total investment to $55 million and giving it a 9 percent equity stake.


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