According to its official site, Nissan Motor Co., Ltd. will acquire shares in Vehicle Energy Japan Inc. Vehicle Energy Japan is a company to manufacture the automotive lithium-ion batteries. Nissan will acquire the shares after the completion of regulatory procedures, including necessary approvals and permissions.

As a result, Vehicle Energy Japan will become a consolidated subsidiary of Nissan. The Japanese automotive giant will hold shares alongside existing shareholders Maxell, Ltd. and Hitachi Astemo, Ltd.

Vehicle Energy Japan

Vehicle Energy Japan has an integrated production system from battery cells to packs, and advanced battery management system technologies. It develops, manufactures, and sells lithium-ion batteries, battery modules, and battery management systems for hybrid vehicles that are expected areas of growth.

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