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Keppel stakes claim to batteries in deal with Envision

Thu, 04/04/2019 - 10:17 -- Hugh Finzel
Keppel stakes claim to batteries in deal with Envision

Singaporean conglomerate the Keppel Corporation is buying into the lithium-ion batteries business with a US$50 million minority stake in Shanghai-based energy group Envision.

Keppel, whose businesses include infrastructure, offshore and marine and asset management, said its investment will “deepen our insights into the fast-growing electric vehicle market”.

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