China’s Envision AESC To Make Batteries With 1,000 KM Of Range In 2024

Chinese battery producer Envision AESC Group expects to start building batteries capable of giving EVs a range of at least 1,000 km in 2024. Envision currently supplies its lithium-ion battery packs to Nissan where they are used in the Leaf. Envision is also set to double the number of battery cells in each car which increases range but also makes vehicles heavier. Nikkei Asia reports that Envision will establish a new plant in Ibaraki Prefecture near Tokyo that will produce the new batteries. Envision was the seventh-largest battery supplier in the world based on shipping volume in 2020. As it stands, roughly 90 per cent of all batteries produced by Envision are used by Nissan but while speaking with Nikkei Asia, Envision chief executive Shoichi Matsumoto said the company hopes to secure supply contracts with other Japanese, Chinese, and European car manufacturers and is hopeful that these new customers will account for roughly 50 per cent of its total transactions by 2025. Envision AESC isn't just developing its lithium-ion battery packs.