Automaker Nissan will announce plans today to launch an electric vehicle in the U.S. and Japan by 2010. In doing so, Nissan will be the first major automaker to bring an EV to the U.S. market. It will expand the line globally by 2012.
Nissan is also working with corporate partner Renault on developing an EV for Shai Agassi’s Project Better Place, an electric vehicle startup with operations in Silicon Vally and Tel Aviv, and possibly soon Copenhagen. The partnership combines Nissan’s research on lithium-ion batteries with Renault vehicles. Carlos Ghosn, CEO of Renault and Nissan, said recently his companies would spend between $500 million and $1 billion in the next three years developing a market-ready EV. It is uncertain, though highly likely, the EV designed for Project Better Place will be the same one offered for sale in the U.S. and Japan.
The announcement, planned for later today, comes just one day after Ghosn and Agassi unveiled PBP’s EV prototype in Tel Aviv. The prototype is already capable of accelerating from 0 to 60 MPH in eight seconds and traveling up to 125 miles on a single charge.
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