Mazda to invest $11 billion by 2030 to procure EV batteries - Nikkei

FILE PHOTO: The logo of Mazda is pictured at the LA Auto Show in Los Angeles, California, U.S., November 20, 2019. REUTERS/Andrew Cullen

(Reuters) - Japan's Mazda Motor Corp plans to invest 1.5 trillion yen ($10.58 billion) by 2030 to procure electric vehicle batteries and cooperate with battery supplier Envision AESC, the Nikkei reported on Tuesday.

($1 = 141.7400 yen)

(Reporting by Tokyo Newsroom; Editing by Christopher Cushing)