NISSAN MOTOR CO LTD Over the long term, Envision could invest over 100 billion yen in the plant, which would start mass production in 2024, the company said.
($1 = 109.0500 yen)
(Reporting by Makiko Yamazaki; Editing by Tom Hogue)
Nissan's battery partner to spend over $450 million on new plant in Japan
August 04, 2021 at 01:05 am EDT
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TOKYO (Reuters) - Nissan Motor Co's Chinese battery partner Envision AESC said on Wednesday it would spend 50 billion yen ($460 million) to build a new battery plant in Japan's Ibaraki prefecture north of Tokyo.
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