Nissan developing smaller, lighter car batteries for hybrids and electric cars, CEO says
He also said Nissan and its French partner Renault SA are moving ahead with studies on a US$3,000 (€2,230) car for the Indian market.
As demand for green vehicles grows, automakers are racing to develop viable lithium ion batteries, which are common in gadgets such as laptops and cell phones but have yet to be fully adapted to the more rigorous demands of a car engine.
Nissan, which has fallen behind rivals such as Toyota and Honda in hybrid vehicles, recently opened a new tech center in Japan dedicated to developing environmentally friendly technologies. Nissan Motor Co. last year introduced a hybrid vehicle with nickel-metal hydride batteries, but licenses the technology from Toyota.
Ghosn believes that Nissan's investment in green technologies will help it narrow the gap or even put it ahead of competitors down the road.