The race to get batteries is very real for automotive companies. Supplies are limited, and will continue to be limited for years because you can’t open up new mines and refining facilities with heavy doses of wishful thinking. It takes years to get a new mine going, and that means manufacturers need to think years ahead.
, but exactly how many credit-eligible BEVs can be built depends largely on whether or not we have a sufficient supply friendly countries’ batteries.CarBuzz Nissan will acquire all of Vehicle Energy Japan’s common shares, as well as subscribe to the company’s common shares. Following the merger, Vehicle Energy Japan will become a Nissan subsidiary in which it will share ownership with existing shareholders Maxell, Ltd. and Hitachi Astemo, Ltd.