automotive
Nissan in talks with Panasonic, others to sell battery operations: sources
August 6, 2016 by admin · Leave a Comment
Nissan Motor Co is in talks with Panasonic Corp and overseas companies including Chinese firms over the possible sale of its controlling stake in a car battery manufacturing venture, sources said. Two people with knowledge of the matter said on Saturday that the Japanese automaker wants to sell its 51 percent stake in Automotive Energy Supply Corporation, which makes lithium-ion batteries for electric vehicles. The company is jointly owned by NEC Corp .
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Nissan in talks with Panasonic, others to sell battery operations: sources