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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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