Japanese carmaker Nissan Motor Co. Ltd has partnered with Sunwoda Electric Vehicle Battery Co. Ltd. for joint development of next-generation vehicle batteries for Nissan’s e-POWER models.
The two companies will also discuss the development of an efficient production system to ensure a stable supply capacity for jointly developed batteries. The partnership is expected to conclude in a final agreement by the end of 2020, said Nissan.
Nissan is aiming to expand its global lineup of electric cars and e-POWER models. The company’s e-POWER technology consists of an electric motor that delivers power directly to the wheels and an onboard petrol engine that generates electricity for the motor.
As Nissan said, it will expand the 100 percent electric motor-driven e-POWER technology into the B and C segment cars across the world. The Japanese carmaker hopes to sell more than 1 million electrified vehicles annually by the end of FY23.
Nissan also said in a statement that further discussions by the two 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. The two companies aim to strengthen competitiveness in the Chinese market and globally.
Nissan and Sunwoda are also considering the joint establishment of a secure supply structure geared toward future global business opportunities, as claimed by the automaker.
