Japan: Nissan and Sumitomo form used battery JV

Nissan and Sumitomo Corporation officially set up a new joint-venture company on 14 September. The new venture, 4R Energy, will focus on commercialising lithium-ion batteries previously used in electric cars. The partners launched a joint feasibility study to establish a framework for the 4R Energy joint venture company back in October Subscribe to Automotive World … Continued

• By Webmaster
• September 16, 2010