Nissan to make lithium-ion batteries with NEC
Nissan Motor Co and NEC Corp will join forces in the world's first mass production of lithium-ion batteries for hybrid and electric vehicles, a newspaper said Saturday.
The two companies plan to spend 20 billion yen (194 million dollars) to build a plant in Kanagawa Prefecture, south of Tokyo, the Nikkei business daily said.
Production will begin early next year under Automotive Energy Supply Corp. (AESC), an equally owned joint venture Nissan and NEC established in April 2007, the newspaper said.
The venture will mass-produce enough lithium-ion batteries for 10,000 electric vehicles at the initial stage and plans to raise production capacity by six-fold in the future, it said.
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