Nissan Motor Co., Ltd. and Sunwoda Electric Vehicle Battery Co., Ltd. will begin studying joint development of next-generation vehicle batteries for Nissan’s e-POWER vehicles.

The two companies will also discuss the development of an efficient production system to ensure stable supply capacity for jointly developed batteries. Nissan and Sunwoda aim to conclude a final agreement by the end of this year, based on the specific content and conditions of the study.

Nissan is expanding its global lineup of electric cars and e-POWER models. The company’s e-POWER technology consists of an electric motor that delivers power directly to the wheels, and an onboard gasoline engine that generates electricity for the motor. Nissan will expand the award-winning 100% electric motor-driven e-POWER technology globally into the B- and C-segments. Nissan expects to sell more than 1 million electrified vehicles annually by the end of fiscal year 2023.

Further discussions by the companies will focus on combining Nissan’s expertise in electric vehicles and battery technology with Sunwoda’s next-generation battery development capabilities and production capacity, with an eye to strengthening competitiveness in the Chinese market and globally.

The companies are also considering the joint establishment of a secure supply structure geared toward future global business opportunities.