Automobile OEM Nissan is looking for a new manufacturer for its electric vehicle batteries rather than build its own, its CEO Carlos Ghosn told the Wall Street Journal.
Nissan is likely to use LG Chem batteries, Ghosn told the US newspaper.
He then went on to say the company wanted the best batteries available and many consider LG to currently be the best battery maker, the report stated.
Reuters reported last September that Ghosn was preparing to cut battery production by Nissan’s AESC joint venture with NEC Corp and instead use LG packs.
Nissan has been working with its battery-making partner NEC Corp— under the joint name of Automotive EnergySupply Corp— since it launched the LEAF EV in 2010.
Nissan’s alliance partner Renault— which owns a 43% stake in Nissan— already uses LG Chem batteries.
Picture: Carlos Ghosn, Chairman and CEO of Renault, Chairman and CEO of Nissan, and Chairman of Russian automobile manufacturer AvtoVAZ