NAMIE, Japan—Nissan Motor Co. has opened a new factory here to recycle and reuse batteries from its all-electric vehicle, the Leaf.

The factory will be operated by 4R Energy Corp., a joint venture between Nissan and Sumitomo Corp. The batteries will be recycled for use in electric vehicles, electric forklifts and large-scale energy storage systems. The batteries will be sold in Japan for 300,000 yen ($2,855), roughly half the price of brand-new replacement batteries for the all-electric Nissan Leaf.

For more on manufacturing electric vehicles, read senior editor Austin Weber’s article, “Automotive Assembly: Electric Components Open New Doors for Suppliers.”