Nissan starts exchange program for Nissan LEAF batteries in Japan

YOKOHAMA, Japan –Starting in May, owners of the 100% electric Nissan LEAF can turn in their used batteries and, for a fee, receive refabricated ones. Nissan is using the battery-refabrication capabilities of 4R Energy Corp., a company established through a joint venture with Sumitomo Corp., to offer the program.

As demand for electric vehicles grows, the number of used batteries will increase significantly. Nissan hopes that by reclaiming these batteries, it can help lower battery replacement costs and heighten the used-car value of electric vehicles. This will enhance the electric-car ownership experience, which in turn will help promote their use, ultimately contributing to lower CO2 emissions.

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