Nissan Motor Co's (7201.T) 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.
A cross-section of a completed battery for a Nissan Leaf car is seen inside the Envision battery manufacturing plant at Nissan's Sunderland factory, Britain, July 1, 2021. REUTERS/Phil Noble -/File PhotoChinese battery partner Envision AESC said on Wednesday it would spend 50 billion yen to build a new battery plant in Japan's Ibaraki prefecture north of Tokyo.
Over the long term, Envision could invest over 100 billion yen in the plant, which would start mass production in 2024, the company said.Sign up for our newsletter Subscribe for our daily curated newsletter to receive the latest exclusive Reuters coverage delivered to your inbox.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Earthquake, Magnitude 5.9 - NEAR EAST COAST OF HONSHU, JAPAN - 2021 August 03, 20:33:37 UTCMagnitude: Mw 5.9, Region: NEAR EAST COAST OF HONSHU, JAPAN, Date time: 2021-08-03 20:33:37.0 UTC, Location: 36.26 N ; 141.76 E, Depth: 20 km.
Read more »
Earthquake, Magnitude 4.9 - OFF EAST COAST OF HONSHU, JAPAN - 2021 August 04, 02:56:25 UTCMagnitude: mb 4.9, Region: OFF EAST COAST OF HONSHU, JAPAN, Date time: 2021-08-04 02:56:25.4 UTC, Location: 36.26 N ; 142.03 E, Depth: 20 km.
Read more »
Earthquake, Magnitude 4.9 - OFF EAST COAST OF HONSHU, JAPAN - 2021 August 04, 02:56:23 UTCMagnitude: mb 4.9, Region: OFF EAST COAST OF HONSHU, JAPAN, Date time: 2021-08-04 02:56:23.8 UTC, Location: 36.25 N ; 142.06 E, Depth: 10 km.
Read more »
Earthquake, Magnitude 5.5 - NEAR EAST COAST OF HONSHU, JAPAN - 2021 August 04, 04:40:24 UTCMagnitude: Mw 5.5, Region: NEAR EAST COAST OF HONSHU, JAPAN, Date time: 2021-08-04 04:40:24.1 UTC, Location: 36.19 N ; 141.91 E, Depth: 10 km.
Read more »
Japan shelters Belarusian sprinter who sought to flee at the OlympicsBelarusian sprinter is under the protection of Japanese authorities, a day after she made a dash for freedom at a Tokyo-area airport, claiming her team was forcing her to return home after she publicly criticized her coaches at the Olympics.
Read more »
Japan: Belarus runner involved in airport standoff is safeJapan says a Belarus track sprinter Krystsina Tsimanouskaya is safe after she alleged her Olympic team tried to remove her from Japan in a dispute that led to a standoff at Tokyo’s main airport. Belarus' neighbor, Poland, has offered help to Tsimanouskaya.
Read more »