According to foreign media reports, Nissan Motor is in contact with Panasonic and several Chinese companies to discuss the sale of its controlling stake in a lithium battery manufacturing joint venture. The joint venture company named “Automotive Energy Supply Corporation†was jointly established by Nissan Motor Co. and NEC in 2007 and mainly produces lithium-ion batteries for electric vehicles. Among them, Nissan Motor holds 51% shares, and NEC holds the remaining 49% of shares. According to the "Nihon Keizai Shimbun" report, Nissan Motors plans to sell all its 51% stake. The reason is that Nissan Motors found that it is more economical to purchase batteries for its electric vehicles (including Leaf pure electric vehicles). In addition, Nissan Motor also plans to sell its own battery manufacturing business in the United States and the United Kingdom. Currently, the lithium-ion battery market used by electric vehicles is highly competitive, and Panasonic is Tesla's lithium battery supplier. According to Tesla’s plan, the company’s annual automobile production in 2018 will increase to 500,000. In India Tata Motors is a market leader in commercial vehicles and among the top passenger vehicles manufacturers with 9 million vehicles on Indian roads. With design and R&D centres located in India the UK Italy and Korea Tata Motors strives to pioneer new products that fire the imagination of GenNext customers. Abroad Tata cars buses and trucks are being marketed in Europe Africa the Middle East South Asia South East Asia South America Australia CIS and Russia.Tata Motors has a portfolio of automotive products ranging from sub-1 ton to 49 ton gross vehicle weight (GVW) trucks (including pickup trucks) and from small medium and large buses and coaches to passenger cars Tatra Spare Parts ,Tatra Engine,Tatra Engine Spare Parts ,Tatra Spare Parts SHANGQIU FLAT WORLD MACHINERY CO.,LTD , https://www.flatworldtrucks.com