ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Business deals

Nissan's EV battery unit recharged under Chinese ownership

Newly formed company aims to become world No. 2 supplier

Envision AESC makes lithium-ion batteries for Nissan's electric vehicles. (Photo by Tomoki Mera)

TOKYO -- Nissan Motor's electric-car battery business began its new life Monday under the majority ownership of the Envision group, a Chinese renewable energy concern.

Automotive Energy Supply Corp. now operates as Envision AESC Japan. The company falls under Envision AESC Group, the holding company Envision owns with Nissan in an 80-20 split.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more