China

China

Envision buys Nissan's battery business

CHINA: Envision will acquire a controlling stake in carmaker Nissan's electric battery operations and production facilities in a bid to incorporate electric vehicles in a "clean and intelligent" energy network.

AESC batteries have been used in more than 340,000 Nissan Leaf electric vehicles (pic: Wikimedia Commons/Qurren)
AESC batteries have been used in more than 340,000 Nissan Leaf electric vehicles (pic: Wikimedia Commons/Qurren)

The turbine manufacturer intends to integrate its Internet of Things (IoT) operating system EnOS — which connects more than 50 million devices used for wind, solar and energy storage — to use clean energy in these batteries, it stated.

Nissan’s Automotive Energy Supply Corporation’s (AESC’s) lithium-ion batteries are used in the company's "Leaf" electric vehicles.

Following the acquisition of AESC, the Chinese company could use IoT technology to make batteries and charging processes "more intelligent", Envision’s CEO Lei Zhang explained.

He added: "This will enable electric vehicles to be integrated into an energy ecosystem, and facilitate the intelligent, dynamic balancing of energy usage and generation in a world powered by fragmented renewable energy systems."

Envision also announced it intends to upgrade AESC’s existing production facilities in Japan, the UK and the US, and to open new facilities in China.

Nissan will retain a minority stake in the AESC.

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