![Nissan to acquire automotive battery firm Vehicle Energy Japan](https://i-invdn-com.investing.com/trkd-images/LYNXMPEI86016_L.jpg)
© Reuters. FILE PHOTO: 2023 Nissan Pathfinder is unveiled at the 2022 New York International Auto Show, in Manhattan, New York City, U.S., April 13, 2022. REUTERS/Brendan McDermid/File Photo
TOKYO (Reuters) – Japan’s Nissan (OTC:) Motor Co said on Wednesday it has agreed to acquire Vehicle Energy Japan Inc, a lithium-ion battery maker.
The car maker will acquire all the common shares of the company and make it a consolidated subsidiary, Nissan said in a statement, which did not specify the financial details.
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