NEC sells a subsidiary, engaged in the production of electrodes for lithium-ion batteries

According to the source, NEC is in the final stages of negotiations regarding the sale of part of its business.

Talking about the production of electrodes for lithium-ion batteries. Buyer needs to speak Chinese investment group GSR. NEC seeks to get rid of this very expensive the direction in which he had little reason to stay.

Selling subsidiaries NEC Energy Devices can bring to the company of approximately 135 million dollars. At the moment, the company is engaged in the production of electrodes for batteries installed in Nissan Leaf. The annual turnover of NEC Energy Devices is approximately the same of $ 135 million.

Selling also may be associated with the fact that Nissan sells its stake in the joint venture Automotive Energy Supply, which is engaged in the production of batteries and uses just the electrodes NEC Energy Devices.

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