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NIssan Offloads EV Battery-Making Operations

Nissan has confirmed that its EV battery making division, Automotive Energy Supply Corporation (AESC), is to be sold, with a definitive sale and purchase agreement decided upon with Chinese investment firm GSR Capital. The sale includes Nissan’s


Nissan has confirmed that its EV battery making division, Automotive Energy Supply Corporation (AESC), is to be sold, with a definitive sale and purchase agreement decided upon with Chinese investment firm GSR Capital.

The sale includes Nissan’s battery production facilities in the US and UK as well as Nissan’s development and production site located in Japan.

No financial details of the sale have been provided yet, and the sale still requires regulatory approval, a process that’s expected to be completed by December 2017.

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Kez Casey

Kez Casey migrated from behind spare parts counters to writing about cars over ten years ago. Raised by a family of automotive workers, Kez grew up in workshops and panel shops before making the switch to reviews and road tests for The Motor Report, Drive and CarAdvice.

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