Electric cars in ChinaChinese EV battery maker Envision to build $2.4bn plant for Renault
Green tech group signs deal with Nissan's French partner and seeks growth in Europe
An Envision AESC vehicle battery pack on display in Shanghai in 2019. The company has now struck a deal with Renault to grow in Europe. © Getty Images
CK TAN, Nikkei staff writer
SHANGHAI -- Chinese green tech company Envision Group plans to invest 2 billion euros ($2.4 billion) in a battery plant in France to supply Renault Group, underlining how Asian companies are aiming for a major slice of Europe's electric vehicle supply chain.