TOKYO -- Nissan Motor will tie up with a Chinese-owned battery maker, investing over 200 billion yen ($1.8 billion) to build new battery plants for electric vehicles in Japan and U.K., Nikkei has learned.
The Japanese automaker will start turning out batteries at two new plants, one in Japan and one in the U.K., as early as 2024, aiming for total capacity sufficient to power 700,000 EVs per year.
