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Chinese Wind Firm Envision to Purchase Nissan’s Battery Manufacturing Business | Greentech Media
The acquisition includes Nissan subsidiary Automotive Energy Supply Corporation (AESC) and battery manufacturing operations in Smyrna, Tennessee, owned by Nissan North America, as well as operations in Sunderland, England, owned by Nissan Motor Manufacturing.
Envision will also purchase Nissan’s Japanese battery development and production engineering operations located in Oppama, Atsugi and Zama.
“The transaction will enable Nissan to concentrate on developing and producing market-leading electric vehicles,” said Yasuhiro Yamauchi, Nissan’s Chief Competitive Officer, in a statement.
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