Chinese Wind Firm Envision to Purchase Nissan’s Battery Manufacturing Business

By [email protected] Nissan Motor Co. is selling off its battery manufacturing business to Chinese wind turbine giant Envision Group.

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.

The move falls in line with the Japanese automaker’s midterm

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