- They will also discuss the development of an efficient production system to ensure stable supply capacity for jointly developed batteries
- Nissan and Sunwoda aim to conclude a final agreement by the end of this year, based on the specific content and conditions of the study
Nissan Motor Co., Ltd. and Sunwoda Electric Vehicle Battery Co., Ltd have announced that they will begin studying the joint development of next-generation vehicle batteries for Nissan’s e-Power vehicles. They will also discuss the development of an efficient production system to ensure a stable supply capacity for jointly developed batteries.
Nissan and Sunwoda aim to conclude a final agreement by the end of this year, based on the specific content and conditions of the study. Nissan’s e-Power technology consists of an electric motor that delivers power directly to the wheels and an onboard gasoline engine that generates electricity for the motor. It will expand this technology globally into B- and C-segments. Nissan said it expects to sell more than one million electrified vehicles annually by the end of the fiscal year 2023.
Secure supply structure
The companies said, “Further discussions by the companies will focus on combining Nissan’s expertise in electric vehicles and battery technology with Sunwoda’s next-generation battery development capabilities and production capacity, with an eye to strengthening competitiveness in the Chinese market and globally. The companies are also considering the joint establishment of a secure supply structure geared toward future global business opportunities.”