Recently, Sunwoda Electronic Vehicle Battery Co., Ltd. (hereinafter referred to as the “Company” ) and Nissan Motor Co., Ltd. (hereinafter referred to as "Nissan") have signed the Memorandum of Understanding. The two companies initiated a discussion on the joint development of the next-generation battery for Nissan electric vehicle e-POWER. In addition, the two companies will also discuss the development of an efficient production system ensuring the stable supply capacity of the jointly developed vehicle battery.
Nissan is advancing electrification with focus on electric vehicles and e-POWER technology. Highly praised by customers for its powerful driving performance and quietness, Nissan will expand the award-winning 100% electric motor-driven e-POWER technology globally into the B- and C-segments. Nissan expects to sale more than 1 million electrified units annually by the end of fiscal year 2023.
As
a major manufacturer of consumer batteries and batteries for electric
vehicles, the company has been deeply engaged in the lithium-ion battery
industry for many years and has rich experience. Besides, the company’s
research and development technology of lithium-ion battery is in a
leading position in the industry worldwide. The company believes that by
combining the research and development advantages of both sides in
hybrid electric vehicle and battery, both companies will promote the
development of hybrid electric vehicle industry.
In the future, through further discussion and cooperation between the two parties, if the two parties reach a final cooperation agreement, they will promote the business development of both parties' electric vehicles and batteries and other related businesses. Future cooperation between the two sides in hybrid electric vehicle battery technology will contribute to realizing resource sharing and win-win cooperation and then promote the development of hybrid electric vehicle business of the two sides.
