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Automotive Energy Supply Corporation (AESC)

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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Nissan selling batteries unit to China’s Envision

Tue, 08/14/2018 - 10:48 -- John Shepherd
Lei Zhang

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.

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Japanese sell battery businesses to China

Tue, 08/15/2017 - 09:49 -- News Editor
Japanese sell battery businesses to China

Nissan has sold its battery business to GSR Capital, a Chinese private equity firm.

Nissan said it will first take full control of the Automotive Energy Supply Corporation (AESC), by acquiring the rest of 49% shares from NEC, to pave the way for the GSR deal.

 

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