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May 12, 2009

NISSAN TO BUILD ELECTRIC VEHICLES AT OPPAMA PLANT

TOKYO (May 12, 2009) - Nissan Motor Co., Ltd. today announced the company will produce electric vehicles (EV) at its Oppama Plant (Natsushima-cho, Yokosuka City, Kanagawa) from fall 2010.

The Oppama Plant is a core base of Nissan's manufacturing and will be positioned as the model plant for best practices in EV production. In the fall of 2010, the plant will start EV production with capacity of 50,000 units a year, which will continuously increase for the start of EV mass-marketing in 2012. Motors and inverters, which are key components of EVs, will be built at the Yokohama Plant (Takara-cho, Kanagawa-ku, Yokohama City, Kanagawa), and initially in the Zama Operations Center (Hironodai, Zama City, Kanagawa), respectively. In addition, Automotive Energy Supply Corporation (AESC), one of Nissan's affiliated companies based in Zama Operations Center, will produce laminated-type compact lithium-ion batteries for EVs.

Aiming to a be a global leader in zero-emission vehicles, Nissan will continuously seek overseas production opportunities for EVs and sourcing of components.

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