Envision AESC and Mercedes-Benz announce new battery partnership

Envision AESC, world-leading battery producer, announces a new partnership
with Mercedes-Benz as the luxury automotive brand gets ready to go all
electric.

Under the new agreement, Envision AESC will supply high-performance battery
cell modules to support end to end production of all-electric Mercedes-EQ
vehicles in Alabama.

Envision AESC’s new state-of-the-art battery facility will be powered by net
zero carbon energy and offer world-leading digital automation when
operational in 2025.

Lei Zhang, Executive Chairman, Envision AESC, said: “We are pleased to
partner with Mercedes-Benz to provide high-performance battery cell modules
for its new Mercedes-EQ vehicles produced in the US. This marks a
significant step forward in our company’s mission to be a leading technology
partner to support the global transition to carbon neutral transportation.
Our planned investment in a new Gigafactory will form part of an ecosystem
in the region, aimed at growing the local supply chain and developing the
whole life cycle opportunities of batteries. Our ambition is to develop
advanced technology, future innovations and integrated net zero solutions.”

The new Envision AESC Gigafactory in the US follows confirmation in 2021 of
plans to build Gigafactory’s in France, Japan and the UK. Envision aims to
have 300GWh+ capacity by 2030, powered by net-zero energy.

About Envision AESC:

Envision AESC is a world-leading battery technology company committed to
research, development, design, manufacturing and sales of power batteries
and energy storage batteries. Envision AESC has 2,500 employees and
production plants in Japan, the US, the UK, China and France. For the past
11 years, Envision AESC has produced power batteries for more than 600,000
electric vehicles in 44 countries, achieving a record of ‘zero critical
battery malfunction’.

In June 2021, Envision AESC was again named ‘Global Tier 1 Battery
Companies’ by Benchmark, a leading UK-based lithium-ion battery supply chain
research organization. The company invests heavily in next-generation
technology to drive innovation and collaborates with its strategic partners
to deliver excellent products with high performance, high safety credentials
and high efficiency. Its teams work to continuously improve the company’s
global leadership in product development, quality and sustainable processes.
Find out more at https://www.envision-aesc.com/en/