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Last updated on April 18, 2014 at 17:08 EDT

Leaf’s Batteries Good Past Life Of Vehicle

December 17, 2010

Carlos Ghosn, CEO and president of Renault-Nissan, has suggested that the rechargeable battery of an electric vehicle could be used in the home long after the life of the vehicle.

Ghosn made the claim Thursday ahead of Nissan’s launch of its new all-electric car — The Leaf — which will be available in the Japanese mass market.

Ghosn said the battery of the new electric car, which is expected to last up to 10 years, would have a lifespan “almost beyond the car,” referring to the fact that the lifespan of the Leaf is expected to be shorter.

The battery can be reused in the home after the car dies, Ghosn told AFP.

Nissan had formed a joint venture with trading house Sumitomo. “It will buy used batteries to sell to individuals” to use in their homes for domestic applications, said Ghosn.

Nissan relies heavily on its electric car batteries, in which it has already invested more than $5 billion. Renault owns 45 percent of Nissan.

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