News - Nissan
Nissan, NEC pact
Nissan and NEC unite to mass-produce auto batteries for their own hybrid and others
19 Apr 2007
By CHRIS HARRIS
NISSAN Motor Co and electronics giant NEC have formed a joint-venture company that will produce lithium-ion batteries for "wide-scale automotive application" in vehicles using electric power by 2009 – including a Nissan hybrid car due for release in 2010.
Known as the Automotive Energy Supply Corporation (AESC), the independent company will begin work this month.
After a year, the partnership between Nissan and NEC will be expanded to include widespread production and sales – the aim being to become the "leading company in the mass production of lithium-ion batteries for the global automotive community".
Most existing electric and petrol-electric hybrid vehicles use nickel-metal hydride batteries.
"Nissan will introduce our own original hybrid vehicle by 2010, followed by our next-generation electric vehicle in the early part of the next decade," said Nissan executive vice-president Carlos Tavares.
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