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Envision Group to acquire controlling stake in Nissan’s battery business

SHANGHAI – Shanghai-based Envision Group, a global leading digital energy company, announced on August 3 that it will acquire a controlling stake in Automotive Energy Supply Corp. (AESC), the electric battery operations and production facilities of Nissan Motor Co., Ltd. Nissan will retain a minority equity stake in the post-transaction company.


With this strategic acquisition and collaboration, the newly formed company aims to further drive the development of battery storage technology and the energy Internet of Things (IoT).


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