nissan

Envision investment deal for 'advanced' China NCM plant

Envision founder and CEO Zhang Lei (left) with Shen Nanpeng, global executive partner of Sequoia Capital

Shanghai-based energy group Envision has confirmed plans to build "the world's most advanced" nickel-cobalt-manganese (NCM 811) battery production line as part of an investment and cooperation agreement with US-based investment firm Sequoia Capital.

Envision, which agreed a deal to become the majority owner of Nissan’s international lithium-ion batteries business in 2018, said the manufacturing facility in Wuxi, in China's Jiangsu Province, will produce "high-safety, high-energy density and high-endurance power batteries" with an eventual annual production capacity of some 20 gigawatt-hours.

Envision

NCM 811

battery

china

Sequoia Capital

nissan

AESC

Auto partners commit to battery-tech investments as chief is sacked

The Renault-Nissan-Mitsubishi Alliance has pledged to continue its activities including development of next-generation batteries following the sacking of the alliance’s chief.

Carlos Ghosn (pictured) was removed as chairman of Mitsubishi Motors and Nissan after his arrest in Japan over allegations of misconduct.

Last month, the alliance’s investment arm said it was stepping up its investment in fast-charge battery technology research.

Second life for Nissan batteries in Endesa power plant

Spanish utility Endesa is to re-use batteries taken from Nissan Leaf electric vehicles in a “pioneering” storage system at its Melilla power plant.

Endesa said the system at the oil- and gas-powered plant, in the Spanish enclave city of Melilla in Morocco, will use more than 90 interconnected batteries from EVs to create a 4 megawatt storage unit with a with a maximum storage capacity of 1.7 megawatt-hours.

Auto alliance invests in Enevate’s advanced LIB tech

International automotive partnership Renault-Nissan-Mitsubishi Alliance Ventures is stepping up its investment in fast-charge battery technology research.

The partners’ investment arm, Alliance Ventures, said it has invested in a round of funding for the Enevate Corporation— a Californian advanced lithium-ion battery tech developer.

Enevate’s “silicon-dominant lithium-ion HD-Energy Technology features extreme fast-charging capabilities with high energy density and improved safety”, Alliance Ventures said.

lithium-ion batteries

(EV) batteries

Envision to build China battery plant on back of Nissan deal

Envision CEO and founder Lei Zhang. Photo: Envision

Shanghai-based energy group Envision has unveiled plans to build an electric vehicle battery plant in China and upgrade production facilities it has acquired following its takeover of Nissan’s international lithium-ion business.

Envision CEO Zhang Lei (pictured) told the China Daily his company plans to build the plant in Wuxi, Jiangsu province, in a bid to drive down the cost of lithium batteries driving accelerating growth in China’s EV market.

Nissan selling batteries unit to China’s Envision

Shanghai-based energy group Envision has agreed a deal to become the majority owner of Nissan’s international lithium-ion batteries business.

The definitive agreement with Envision comes just two months after Nissan’s proposed sale of the business to Chinese private equity firm GSR Capital fell through.

Envision

nissan

batteries

Automotive Energy Supply Corporation (AESC)

GSR Capital

NEC

Lei Zhang

Nissan battery unit sale off as Chinese ‘fail to raise funds'

Nissan has called off the sale of its batteries business to Chinese private equity firm GSR Capital, saying the buyer failed to raise the cash required.

A number of Chinese firms including lithium manufacturer Zhejiang Unifull Industrial Fibreand lead-acid battery maker Camel had said they would join GSR in the reported $1 billion acquisition of Nissan subsidiary Automotive Energy Supply Corp and manufacturing operations in Japan, the UK and US.

Zhejiang Unifull Industrial Fibre

Camel

Nissan chief to lead new UK battery centre

The boss of Nissan batteries in the UK, Jeff Pratt, is to head a new national centre supporting government plans to develop next-generation battery systems for the automotive sector.

Pratt (pictured) will take up the post of MD at the UK Battery Industrialisation Centre (UKBIC)— part of the UK government’s Faraday Institution— next month.

Battery Industrialisation Centre (UKBIC)

nissan

Faraday Institution

CATL clinches EV battery deal with Renault

Chinese lithium battery giant Contemporary Amperex Technology (CATL) is to supply batteries for Renault’s Kangoo ZE electric vehicle range, BBB has confirmed.

And Renault’s EV “alliance” partner, Nissan, has told BBB it will also use Chinese-made batteries for its first mass-produced Sylphy Zero Emission EVfor China— although it declined to name the supplier.