Nissan Develops New Quick Charger for Electric Vehicles

NISSAN MOTOR COMPANY – September 12, 2011—Nissan Motor Co., Ltd. revealed its new quick charger to the public and announced plans for this proprietary technology to go on sale in November 2011 at Nissan parts companies throughout Japan.

The newly-developed quick charging unit retains the high performance of the current quick charger manufactured by Nissan, which is now on sale with a suggested retail price of 1.47 million yen (including tax), but is nearly half the size (by volume). The new charger unit's smaller size will take up less space and enable easier installation. When it goes on sale, the new standard specification quick charger unit will be highly competitive and great value to customers because it will cost significantly less than one million yen, while the base specification unit will cost only below one half the price of the current unit.

Nissan aims to sell 5,000 of the new quick chargers by the end of fiscal year 2015 (March 2016) to contribute to the ongoing development of the EV quick charging infrastructure in Japan. The company plans to install the new charging units at an increasing number of its dealerships nationwide and introduce the new units at local government facilities and in locations that draw large numbers of customers in regions throughout Japan. Nissan is also proactively seeking partner companies for sales as part of its efforts to assure customers of a comfortable and convenient electric vehicle driving experience. Preparations are also underway for future sales of the new quick charger in the US and in European markets.