Nissan sells its battery business, 225-mile Leaf e-Plus to get LG Chem batteries
When it comes to electric-car batteries, Nissan is no longer going its own way. The company that launched the first modern, mass-market all-electric car has sold its electric-car battery subsidiary, Automotive Energy Supply Corporation (AESC) to Envision Group, a Chinese renewable energy company. The two firms announced the deal on Friday. "With...