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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

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CEBIT 2018: Huawei debuts OceanConnect IoV Platform to digitize every vehicle

HANNOVER, Germany – At the recently concluded CEBIT 2018, Huawei released its OceanConnect IoV (Internet of Vehicles) Platform enabling intelligent and connected vehicles, service transformation for automobile manufacturers, and the evolution of intelligent transportation. IoV is driving deep integration between ICT and the automotive industry, and an IoV Platform is

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