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Polypore (PPO) Likely to Continue as Supplier for Nissan Leaf Battery

William Blair maintained an Outperform rating on Polypore International (NYSE: PPO). Analyst Brian Drab believes the company’s battery will still be used in the Nissan Leaf, despite chemistry changing in 2014.

“Several recent articles highlighted comments made by Nissan officials regarding plans for a change in the Nissan Leaf’s battery chemistry/design in 2014. Reports indicate the change is being made, in part, to address performance issues in hot-weather environments,” said Drab.

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