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Nissan quits EV batteries, sells to China’s Envision, switches to LG Chem

Nissan has thrown in the towel on its electric vehicle (EV) battery project, and has opted to sell its Automotive Energy Supply Corporation (AESC) wing to Envision, a Chinese firm that manages over 100GW of energy assets, using its EnOS software. For Nissan’s EVs, including the very popular Leaf, LG Chem will now be the supplier of the battery units. The price isn’t being disclosed, but Nissan is retaining a minority stake in AESC. Envision is looking forward to leveraging those batteries in its energy deployments. It currently says it connects over 50mn smart devices, managing them with EnOS. These devices include energy storage units, solar, wind, EVs, and home energy management systems (HEMS). As for more direct plans, Envision…

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