Nissan to buy LG Chem Batteries, confirms CEO Carlos Ghosn
Advertisement
In a Wall Street Journal interview published on Friday, Nissan chief Executive Carlos Ghosn , announced that instead of making batteries for its future electric cars, Nissan might look forward to Renault , its alliance partner.
The Japanese multinational automobile manufacturer is likely to useLG Chem batteries , confirmed the alliance CEO. Nissan, however, shares a battery-making partnership with Japan based NEC Corp. that supplies batteries for Nissan’s flagship electric car, the Leaf.
Elaborating the battery business of Nissan, Ghosn said, "We have opened to competition our battery business in order to make sure we have the best batteries." "For the moment, we consider that the best battery maker is LG," he further added.
A spokesman forLG Chem said, “We’re open to all possibilities.”
A prior Reuters report also stated that Ghosn was preparing to cut battery production by Nissan's AESC joint venture with NEC Corp and instead use LG packs, stoking alliance tensions as he pursues closer integration.
Image: indiatimes
Advertisement
The Japanese multinational automobile manufacturer is likely to use
Elaborating the battery business of Nissan, Ghosn said, "We have opened to competition our battery business in order to make sure we have the best batteries." "For the moment, we consider that the best battery maker is LG," he further added.
A spokesman for
A prior Reuters report also stated that Ghosn was preparing to cut battery production by Nissan's AESC joint venture with NEC Corp and instead use LG packs, stoking alliance tensions as he pursues closer integration.
Advertisement
Advertisement
- A couple accidentally shipped their cat in an Amazon return package. It arrived safely 6 days later, hundreds of miles away.
- A centenarian who starts her day with gentle exercise and loves walks shares 5 longevity tips, including staying single
- 2 states where home prices are falling because there are too many houses and not enough buyers
- "To sit and talk in the box...!" Kohli's message to critics as RCB wrecks GT in IPL Match 45
- 7 Nutritious and flavourful tiffin ideas to pack for school
- India's e-commerce market set to skyrocket as the country's digital economy surges to USD 1 Trillion by 2030
- Top 5 places to visit near Rishikesh
- Indian economy remains in bright spot: Ministry of Finance
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market