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106 GIC-backed battery maker Envision AESC is considering a $2 billion Hong Kong IPO

The Next Web
Ana-Maria Stanciuc @ The Next Web · today 03:22 EDT

GIC-backed battery maker Envision AESC is considering a $2 billion Hong Kong IPO

The Japan-headquartered EV battery manufacturer, controlled by China’s Envision Group and backed by Singapore’s sovereign wealth fund GIC, is mulling an IPO in Hong Kong that could raise up to $2 billion, Bloomberg reported on Thursday. The move marks a significant change from earlier plans to list in the US. Envision AESC, the electric vehicle […]
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