Nissan will not sell to the Chinese unit for the production of batteries

Nissan не продаст китайцам подразделение по выпуску аккумуляторов

The transaction, which sum is not called, should have been completed at the end of June, but the Chinese company failed to provide funds in time.

Japanese automaker Nissan Motor Co has abandoned plans to sell its unit for the production of batteries Chinese investment Fund GSR Capital, said in a press release.

The transaction, which sum is not called, should have been completed at the end of June, but the Chinese company failed to provide funds in time.

The division produces batteries for electric vehicles in the US, UK and Japan. Head of Nissan Carlos Ghosn plans to sell it and purchase batteries from third party manufacturers.

The production of batteries is considered to be one of the fastest growing industries in the world because automakers are actively increasing the production of machines for electric motors.

Shares of Nissan on Monday, July 2, after this news fell by 2.3% in trading in Tokyo. With the beginning of the year capitalization of the company decreased by 6.3%, to 4.55 trillion yen ($41.1 billion).

Earlier it was reported that Nissan decided to freeze the project in collaboration with the companies Daimler and Ford on fuel cell.

 

News from the Reporter.net Telegram. Subscribe to our channel https://t.me/korrespondentnet

Source