Sale Of Nissan’s Battery Cell Subsidiary Falls Through

July 11, 2018 | BPO News Brief | Nissan thought it had gotten rid of its battery cell subsidiary, Automotive Energy Supply Corporation (AESC). Last year a private investment fund in China, GSR Capital, agreed to buy the corporation for about $903 million, but now Nissan has confirmed that the transaction failed. Nissan’s next version of the Leaf will use LG Chem batteries, Electrek reports, making continued ownership of AESC that much more uncomfortable.