Nissan has been trying to sell the Automotive Energy Supply Corporation ("AESC") to other automotive battery makers for over a year with no success. Instead, it has turned to a developer of wind turbines and systems for the Internet of Things (IoT). The company developed the EnOS intelligent IoT operating system which currently connects more than 50 million smart devices used for wind, solar, energy storage, charging networks, electric vehicles, and home energy management. Envision is also a global leader in smart wind turbine technology.
The new boss of the UK's £80m battery centre previously ran the plant in Sunderland (above), which had previously been looking to GSR Capital as a buyer. The GSR deal was said to be worth $1bn but the value of the Envision stage was not disclosed.
In addition to promoting the research and development of AESC Li-ion batteries, Envision intends to integrate its IoT technology to make intelligent batteries and incorporate millions of electric vehicles into a future energy network that is both clean and intelligent. It currenty manages 100GW of energy assets globally, integrating systems from Sonnen, ChargePoint, AutoGrid, and Bazefield.
"AESC's lithium-ion batteries are among the most advanced, safe, and reliable in the industry. Their ability to power more than 340,000 Nissan electric vehicles without a single critical incident demonstrates AESC's excellence in technology, design, thermal management, and energy management," said Lei Zhang, Envision's Founder and CEO. "From an energy perspective, electric vehicles are mobile intelligent power stations, and the growing number of electric vehicles will have a huge impact on the electricity grid. At the same time, customer anxiety related to the range of electric batteries and charge time is limiting the development of the sector. Envison's smart IoT technology will make both the batteries and the charging process more intelligent. This will enable electric vehicles to be integrated into an energy eco-system, and facilitate the intelligent, dynamic balancing of energy usage and generation