Nissan Motor Co., Ltd. (TSE:7201) entered into a definitive agreement to acquire 76.2% stake in Vehicle Energy Japan Inc. from INCJ, Ltd. on September 7, 2022. Transaction is subject to regulatory approvals. Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. acted as financial advisor to Nissan Motor.

Nissan Motor Co., Ltd. (TSE:7201) completed the acquisition of 76.2% stake in Vehicle Energy Japan Inc. from INCJ, Ltd. on November 30, 2022.