Nissan Shows New Electric Vehicle On Wednesday.
Nissan’s New Electric uses Lithium-Ion Batteries, not nickel-hydride like the Prius.
Nissan would like to start selling their new car by 2010 in Japan and the USA, and by 2012 worldwide. They are betting on using lithium-ion batteries, and making the vehicle purely electric.
The only problem with lithium-ion batteries is that they tend to fail after 2 or so years, whether they are in use or not. Also, these batteries lose thier charge fairly quickly, causing the engineers to creat protection circuits to fail the batteries from doing so.
If Nissan can pull this off, i’d be nervous holding Toyota stock.