Nissan
Industry Voices
Nissan Aims for EV Price Reductions, Countering BYD's Dominance
Nissan aims to produce cost-effective lithium iron phosphate (LFP) batteries to cut electric vehicle (EV) prices and compete with BYD. Despite BYD's lead in EV sales, Nissan plans to introduce LFP batteries into its EVs by 2026, forging partnerships to advance the technology.
By Dabbie Davis
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