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FWD launches multiple new initiatives to boost protection for Hong Kong people amid the fifth wave of COVID-19

The support includes extended protection against vaccination complications, fee discounts on pre-vaccination chronic diseases health checks and DrGo video doctor consultations, and a donation of 10,000 rapid antigen test (RAT) kits to the Hong Chi Association with Pacific Century Group

HONG KONG SAR – Media OutReach – 16 March 2022 – FWD Insurance (‘FWD’) announced multiple new initiatives to help customers and the Hong Kong community battle against the fifth wave of COVID-19. These initiatives include extending extra coverage for eligible customers, providing exclusive discounts on partners’ healthcare services and a suite of anti-epidemic items including rapid antigen test (‘RAT’) kits. Together with Pacific Century Group (‘PCG’), the parent company of FWD Group, FWD donated 10,000 RAT kits to its long-term community partner Hong Chi Association.

FWD Insurance launches multiple new initiatives to help the Hong Kong community battle against the pandemic, including a donation of 10,000 rapid antigen test (RAT) kits to its community partner the Hong Chi Association with Pacific Century Group.


Ken Lau, FWD’s Managing Director of Greater China and Hong Kong Chief Executive Officer,
said, “The fifth wave of COVID-19 is hitting Hong Kong hard, creating tremendous challenges to both the health and financial livelihoods of Hong Kong people. We’re launching these initiatives to help people focus on their and their families’ health and safety at this critical time. We’ll continue to monitor the situation and strive to stay apprised of our community’s needs to offer the best-suited health and financial protection in a flexible and timely manner.”

FWD’s new anti-COVID-19 pandemic initiatives:

1. Expanded health and financial protection for customers:

a. Vaccination protection – FWD extends its free special benefit against vaccination complications until 30 June 2022 (inclusive). Eligible customers (including online customers) of individual insurance plans[i] are entitled to extra benefits of up to HK$265,300 for covered adverse reactions to designated vaccinations[ii], with no registration required. Please visit here for more details.

b. Up to 71% off on medical check-up plans – To help needy customers better understand their health conditions before inoculating the COVID-19 vaccination, FWD extends its discount offer, up to 71% off, on potential chronic diseases health check-up plans until 30 June 2022 (inclusive). The offer is for eligible customers[iii] of all of FWD’s individual insurance products.

c. Panel doctor list expanded to video doctor consultation – In view of the increasing demand for video doctor consultation, FWD Group Medical Insurance now includes DrGo on its network doctor list, allowing members to seek telemedicine consultation safely at homes. Members can simply link their FWD Group Medical healthcare card to the DrGo platform to enjoy the Group Medical benefit.

2. Extra protection for the community –

a. Community care: FWD together with PCG have donated 10,000 RAT kits to the staff and trainees of FWD’s long-term community partner Hong Chi Association, a non-profit organisation dedicated to educating and empowering people with intellectual disabilities, to support them on fighting the pandemic.

b. FWD MAX member benefits:

i. FWD MAX members can purchase anti-epidemic items such as oximeters, alcohol tissue and RAT kits at discounted prices or by redeeming MAX points. For details please visit the FWD MAX website.

ii. Video doctor consultation: From now until 30 April 2022 (inclusive), members who successfully register with DrGo using the “FWDMAX2022” referral code will receive a HK$200 e-voucher for DrGo consultation, plus a HK$30 e-voucher selected from Original Taste Workshop, DrGo Health Store and other mechants.

The above content does not contain the full terms and conditions of the relevant insurance plans and promotional offers. For full terms and conditions, details and risk disclosures of the relevant insurance plans and promotional offers, please refer to respective product brochures, policy documents and promotional flyers.


[i] Eligible customers refer to insureds of in-force FWD’s life individual insurance plans. Individual insurance plans include the individual insurance plans underwritten by FWD Life Insurance Company (Bermuda) Limited (Incorporated in Bermuda with limited liability), FWD Life (Hong Kong) Limited, FWD Life Assurance Company (Hong Kong) Limited, and FWD Life Insurance Company (Macau) Limited. The individual insurance plans are subject to the policy provisions. Please refer to their respective product brochures and policy provisions for details.
[ii] Government-approved vaccines shall mean the vaccination for the purpose of immunisation and not correlated to vaccines administered after the onset of infection, including the first dose, subsequent doses and booster doses must be approved by the United States Food and Drug Administration or Hong Kong or Macau health authorities and prescribed by a Registered Medical Practitioner and administered by the same or registered nurse of Hong Kong or Macau during the Coverage Period in any hospital, the out-patient or any offsite locations in Hong Kong or Macau.
[iii] Eligible customers refer to the existing Policy Holders/Insured Persons of all of the individual insurance products (basic plans) underwritten by FWD Life Insurance (Bermuda) Company Limited (incorporated in Bermuda with limited liability), FWD Life (Hong Kong) Limited and FWD Life Assurance Company (Hong Kong) Limited.

About FWD Hong Kong & Macau

FWD Hong Kong & Macau are part of the FWD Group, a pan-Asian life insurance business with more than 10 million customers across 10 markets, including some of the fastest growing insurance markets in the world.

FWD Hong Kong has been assigned strong financial ratings by international agencies. It offers life and medical insurance, employee benefits, and financial planning. FWD Macau provides a suite of life and medical insurance.

FWD is focused on making the insurance journey simpler, faster and smoother, with innovative propositions and easy-to-understand products, supported by digital technology. Through this customer-led approach, FWD is committed to changing the way people feel about insurance.

For more information about FWD Hong Kong & Macau, please visit and .

#FWD

The issuer is solely responsible for the content of this announcement.

More than half of APAC Healthcare Technology start-ups surveyed see the pandemic as an enabler for innovation while talent recruitment is reported as the biggest challenge by the majority

Medtronic hosted its first APAC Innovation Conference to discuss with key stakeholders about opportunities and challenges faced by healthcare technology start-ups and SMEs in Asia Pacific

SINGAPORE – Media OutReach – 16 March 2022 – Medtronic plc (NYSE:MDT), a global leader in healthcare technology, today held its first hybrid conference, Medtronic Open Innovation Conference (MAIC 2022), in Singapore, themed ‘Accelerating Healthcare Technology Innovation’. Dedicated to the medical technology and healthcare technology start-up scene in APAC, the event was attended by Minister of State, Alvin Tan, Ministry of Trade and Industry and Culture, Community and Youth, Government of Singapore, as its guest of honor.

(L-R) Chris Lee, President of Medtronic APAC, presents the Medtronic Mission Book to Minister of State for Trade and Industry Alvin Tan at the Medtronic APAC Innovation Conference.

(L-R) Chris Lee, President of Medtronic APAC, presents the Medtronic Mission Book to Minister of State for Trade and Industry Alvin Tan at the Medtronic APAC Innovation Conference.

Aimed at discussing the challenges and opportunities available around the healthcare and technology ecosystem in medtech, the conference saw the attendance of over 200 delegates from start-ups, government institutions, and healthcare practitioners along with Medtronic’s partner organizations. Taking the lead in this conversation, Medtronic also unveiled a whitepaper titled ‘Asia Pacific’s Healthcare Technologies Ecosystem: Enhancing Start-up and SME success’, written by the Economist Impact and supported by the Singapore Economic Development Board (EDB). Cementing Medtronic’s commitment to innovation in healthcare technology, winners from its recent Medtronic APAC Innovation Challenge were also announced at the conference.

Medtronic APAC Innovation Challenge – a reflection of the innovation boom experienced during pandemic

The Medtronic-Economist Impact Whitepaper revealed that up to 55% of respondents cited COVID-19 as an enabler of innovative ideas, rather than a detractor. A reflection of this innovation boom, Medtronic saw overwhelming applications from 323 start-ups and business enterprises from 46 countries across Asia Pacific and beyond vying for a potential collaboration with Medtronic valued up to US$200,000. Five start-ups were crowned winners of the Medtronic APAC Innovation Challenge at the conference. More details about the winners can be found here.

The survey saw a combination of factors encompassing, better government support (38%), greater collaboration with private sector (37%), increased funding availability (36%) and cross-learning platforms between organizations (35%) as the drivers of innovation acceleration. This led to the observation that a multi-sectoral collaborative approach, led by governments in the region, was a key enabler for driving innovations. While not all findings were a surprise, the scale of some findings did highlight the magnitude of some issues facing the healthcare sector overall. One such example was the overwhelming response citing recruitment as the leading cause of concern for over 80% of start-ups surveyed. This echoes the World Health Organization’s (WHO) prediction of a global shortfall of 14.5 million healthcare workers by 2030[i].

This first-ever study on the region’s healthcare technology sector involves inputs from 150 executives from startups and business enterprises in APAC. The paper also includes in-depth interviews with several industry leaders from the healthcare technology sector as well as from representatives from companies in the technology sector such as SAP.iO Foundries and Microsoft Health.

For more information on the whitepaper please refer to the factsheet or download the whitepaper here.

Drivers and barriers emerged in first-ever APAC study on medtech start-ups and SMES addressed at conference

Chris Lee, President for Medtronic, APAC said, “No one company can do healthcare alone. As the global leader of healthcare technology, Medtronic takes the accountability to lead the conversation and encourage more meaningful collaborations across the innovation ecosystem. That’s why we launched the open innovation platform and hosted today’s conference. It’s great to see how all the stakeholders come forward to share their perspectives and are committed to working together for better healthcare. We also appreciate all the idea submissions and congratulate the final winners. More importantly, I hope that our joint efforts will lead to many new and improved solutions to meet the region’s unique healthcare needs.”

The conference also featured a panel discussion between Chris Lee, Choo Heng Tong, executive vice president, New Ventures and Innovation, EDB, Ms. Lalitha Bhaskara, vice president, SAP.iO Foundries, and Dr. Rocky Lee, chief operating officer, Ventureblick. The panel weighed in on how governments can play a role of a facilitator towards driving collaboration for innovation in healthcare, the criticality of understanding patient pathways and healthcare economics for a successful development of healthcare technology innovation, and the talent challenges faced by the startup ecosystem in healthcare technology.

Also presenting at the conference were Dr. Tyler Hyungtaek Rim, chief medical officer, MediWhale, Dr. Jade Kua, senior consultant, Emergency Medicine, KK Women’s and Children’s Hospital and Jade Life and Wellness Founder, and Shakthi Nagappan, director Life Sciences and Pharma & CEO, Hyderabad Pharma City Ltd & BioAsia, Govt. of Telangana, India.

The conference and the challenge come on the heels of Medtronic’s plan to invest up to US$50million under its Open Innovation Platform over the next five years and the upcoming Digital Medtronic Innovation Center (dMIC) in Singapore, poised to serve the APAC region. This was announced in October 2021 at a memorandum of understanding (MOU) signing ceremony with EDB. The MOU has enabled Medtronic and EDB to jointly access the regional start-up landscape, to support talent and technology development and to help Medtronic leverage AI, Robotics and Digital Health to address patient needs in the region.

Goh Wan Yee, senior vice president, Healthcare, EDB, said, “Medtronic’s decision to drive its Open Innovation push from Singapore underscores our position as a global business hub where companies can successfully collaborate with key stakeholders to capture new growth opportunities in the Asia-Pacific region. The discussions at MAIC 2022 are further testament to the robust ecosystem of talent and start-ups that Medtronic’s innovation team will be able to tap here. We look forward to partnering with more companies like Medtronic to engage and develop meaningful partnerships with innovators to bring life-saving solutions to the market from Singapore.”

Organized with the support of EDB, the conference was held at the Marina Bay Sands Expo and Convention Centre in Singapore and live streamed over LinkedIn.


[i] WHO. Health workforce requirements for universal health coverage and the sustainable development goals, https://apps.who. int/iris/bitstream/handle/10665/250330/9789241511407-?sequence=1

About Medtronic

Bold thinking. Bolder actions. We are Medtronic. Medtronic plc, headquartered in Dublin, Ireland, is the leading global healthcare technology company that boldly attacks the most challenging health problems facing humanity by searching out and finding solutions. Our Mission — to alleviate pain, restore health, and extend life — unites a global team of 90,000+ passionate people across 150 countries. Our technologies and therapies treat 70 health conditions and include cardiac devices, surgical robotics, insulin pumps, surgical tools, patient monitoring systems, and more. Powered by our diverse knowledge, insatiable curiosity, and desire to help all those who need it, we deliver innovative technologies that transform the lives of two people every second, every hour, every day. Expect more from us as we empower insight-driven care, experiences that put people first, and better outcomes for our world. In everything we do, we are engineering the extraordinary. For more information on Medtronic (NYSE:MDT), visit and follow on Twitter and .

Any forward-looking statements are subject to risks and uncertainties such as those described in Medtronic’s periodic reports on file with the Securities and Exchange Commission. Actual results may differ materially from anticipated results.

#Medtronic

The issuer is solely responsible for the content of this announcement.

Sa Sa Debuts on foodpanda mall Providing Anti-epidemic Products and Enhancing OMO Shopping Experience

HONG KONG SAR – Media OutReach – 16 March 2022 – Sa Sa International Holdings Limited (“Sa Sa” or the “Group”, stock code: 0178) is pleased to announce today its official entry onto foodpanda mall in Hong Kong, an online grocery and goods shopping mall under foodpanda. Through foodpanda mall’s round-the-clock delivery service, Sa Sa will open up for local customers a more convenient way of shopping to enhance customer experience. The move also marks Sa Sa’s advancement in the development of online-merge-offline (“OMO”) functions.

Sa Sa is offering about 700 selected products on foodpanda mall, including anti-epidemic products for which Hong Kong citizens have an urgent need, and popular products such as cosmetics, skincare, fragrance, hair care and body care products as well as health supplements. After customers have placed orders at the online supermarket, foodpanda’s couriers will collect the goods at Sa Sa’s physical stores and deliver them to the customers in as fast as 10 minutes. Customers can thus quickly obtain the products without going out, especially meeting their urgent needs for anti-epidemic products and their favourite items within the cosmetic and personal care categories. This service will initially be piloted at 20 of Sa Sa’s stores and will be rolled out at more stores in the future.

Following the launch of the “click-and-collect” service, Sa Sa’s partnership with foodpanda mall will further enhance the OMO development of the Group’s physical stores and its online business in Hong Kong. It also provides customers with one more customer-centric and convenient channel for online shopping, complementing Sa Sa’s shopping website.

Sa Sa and foodpanda mall will be able to manifest their respective advantages in the partnership and generate synergy. As a leading “one-stop beauty product specialty store”, Sa Sa will enrich foodpanda mall’s product assortment with its richly diverse, hot-selling cosmetics, health supplements and anti-epidemic products. Both foodpanda and Sa Sa have large customer bases, which can enable mutual conversion and thus enlarge their respective target customer bases. Sa Sa can also strengthen and expand its own base of young customers by serving foodpanda members who are used to “Quick Commerce”.

Dr Simon Kwok, SBS, JP, Chairman and Chief Executive Officer of the Group, said, “Sa Sa is honoured to have entered foodpanda’s online platform which is widely popular with consumers in Hong Kong. Online shopping is gaining traction. The trend is especially more pronounced amid the raging pandemic as more consumers would rather stay at home than go out to protect themselves against the disease. We believe that foodpanda’s quick delivery meets our customers’ increasing demand for convenient, fast online shopping service. In the light of the urgent demand for anti-epidemic products, we are offering them at foodpanda mall in the hope of providing citizens one more convenient shopping channel to help fight the pandemic. We also hope to enhance the OMO function at Sa Sa’s operation through the partnership with foodpanda mall so as to provide customers with a more seamless and convenient shopping experience.”

Ryan Lai, Managing Director of foodpanda Hong Kong, said, “Via our mature logistics infrastructure, our dedicated delivery fleet and ongoing data analysis, we hope to continue to pioneer ‘Q-Commerce’, providing quick and convenient delivery service to meet the needs of Hong Kong people. We are extremely pleased to have Sa Sa as a foodpanda mall retail partner, benefiting from complementary strengths in advancing each other’s OMO business strategy, and elevating customers’ shopping experience for personal care, health and beauty products etc. This partnership also expands and diversifies foodpanda mall’s product offerings, to better satisfy the wants and needs of our customers.”

To celebrate its partnership with Sa Sa, foodpanda mall launches promotional offers from 15 March to 30 April . Customers will enjoy a HK$50 discount upon spending of HK$400 or above with their first purchase at Sa Sa on foodpanda mall by entering the promotional offer code “SASA” while the offers last.

About Sa Sa

Sa Sa is a leading beauty product retailing group in Asia. It provides diverse quality products under more than 700 brands ranging from skincare, fragrance, make-up, hair care and body care products, health & fitness products as well as beauty gadgets. Embracing the proven concept of “one-stop beauty product specialty store”, Sa Sa operates more than 230 retail stores in the Hong Kong and Macau SARs, Mainland China and Malaysia, as well as offering customers a convenient shopping experience across multiple online platforms.

Listed on the Hong Kong Stock Exchange in 1997, the Group is included in the FTSE Index Series, MSCI Index Series and S&P Index Series.

#SaSa

The issuer is solely responsible for the content of this announcement.

Treehouse Raises US$18 Million to Establish a Standard for DeFi Analytics

SINGAPORE – Media OutReach – 16 March 2022 – Treehouse, a Web3 company transforming on-chain data into meaningful metrics to help decentralized finance (DeFi) investors make informed financial decisions, announced an US$18 million seed round raise.

An undisclosed large FinTech investor led the round with participation from strategic investors, including Mirana Ventures, Lightspeed Venture Partners, Binance, MassMutual Ventures, Global Founders Capital, Jump Capital, GSR, Wintermute, Do Kwon of Terraform Labs, senior executives from SoftBank Vision Fund, and more.

Founded just 11 months ago and fueled by the team’s commitment toward financial inclusion, Treehouse is building the infrastructure required to enable everyday people to fully harness financial products and services made possible by DeFi. Treehouse’s ecosystem of products will empower and shape the way participants interact with the DeFi economy.

David Toh from Mirana Ventures, Venture Partner of Bybit and BitDAO, said, “As an early supporter and investor of Treehouse, we are excited by the growth of the company and what the team has achieved in a short time. We believe in backing builders who have the grit to challenge the status quo and launch differentiated and innovative products in DeFi.”

The Most Comprehensive DeFi Analytics Platform

Harvest, the company’s flagship product, indexes blockchains and deconstructs users’ DeFi positions to present historical data, profit & loss (P&L), and risk metrics on a seamless and highly intuitive user interface. The analytics platform provides information previously unavailable in DeFi and establishes a standard for users to analyze the DeFi risks associated with their current and historical positions.

“As the number of DeFi protocols, supported L1s, L2s, and bridges increase over time, Treehouse’s approach of building an in-house system-of-record for every DeFi user will become critically valuable and a great differentiator. On top of the technical accuracy is a beautiful, simplified dashboard experience optimized for desktop and mobile to cater to both advanced and retail investors,” said Hemant Mohapatra and Marsha Sugana from Lightspeed Venture Partners.

Dominic Chrumka from Wintermute said, “Wintermute is proud to be supporting Treehouse in their mission to make the management of DeFi portfolios easy and meaningful. Their cross-chain dashboards and comprehensive analytics, especially the ability to track P&L attributed to pools in which you are providing liquidity, are game-changing for the industry.”

Harvest and Beyond

Since its founding in mid-2021, Treehouse has grown exponentially to over 100 people and launched Harvest Beta. The new funds raised will go toward accelerating Treehouse’s growth by:

  • Expanding Harvest’s blockchain and protocol coverage
  • Building more products and features for retail and institutional users
  • Scaling its infrastructure for users to experience a highly seamless and low latency platform
  • Building a well-informed and innovative community through curated content (in-house research) and incentive programs
  • Hiring world-class talent across their global offices


“We are grateful to have with us a group of partners with such deep technical expertise and networks across both cryptocurrency and traditional finance ecosystems. This funding round will enable us to execute on our vision to help users confidently navigate DeFi,” said Brandon Goh, CEO of Treehouse.

Melvin Hade, Partner at Global Founders Capital APAC, said, “With the rising number of investors hopping onto the DeFi bandwagon, this is the perfect time for Treehouse to bring out its state-of-the-art analytics platform to the public. When we first spoke to them, we were excited about the insights they had that led them to build a unique product that the world had never seen before. As one of the earliest backers of Treehouse, we are fully committed to their progress and excited about the long-term partnership.”

To see an analytical breakdown of your current and historical BNB Chain positions on Harvest, visit www.treehouse.finance.

Social Media Channels

Twitter: @TreehouseFi
Discord: https://discord.gg/ufxhSgxBNF
Telegram Community: @treehousefi
Telegram Insights: @treehouseinsights
Reddit: r/Treehousefinance
LinkedIn: Treehouse
Medium: @TreehouseFinance

#TreehouseFinance

The issuer is solely responsible for the content of this announcement.

Football Personality Keeps Promise and Donates to Laos Team

Phijika Boonkwang makes donation to Laos football team.
Phijika Boonkwang makes donation to Laos football team (Photo: One Chill Chill).

Football personality Phijika Boonkwang has kept her promise and made a donation to the Laos Under-23 national football team.

3M recognised as one of the most ethical companies in worldwide assessment

  • 3M’s compliance and ethical values honoured by The Ethisphere Institute for the 9th year running in 2022 assessment of 136 companies across the globe
  • Assessment comprises of questions based on company culture, environmental and social practices, and more
  • GT Lim, Country Leader for 3M Malaysia reiterates commitment to upholding 3M’s stringent Code of Conduct to maintain 3M’s world-renowned ethical reputation


PETALING JAYA, MALAYSIA – Media OutReach – 16 March 2022 – The Ethisphere Institute recognised 3M for ethics and integrity in business conduct and compliance for the ninth straight year. 3M is one of only seven industrial companies worldwide to be honoured this year.

Commenting on the announcement, GT Lim, Country Leader for 3M Malaysia shared, “3M always strives to stringently do right by our Code of Conduct and to see our collective efforts resonate so well with the international community truly makes us proud. 3M Malaysia is committed to providing quality offerings to our customers, and we will continue to uphold our global ethical values.”

3M’s Code of Conduct is what makes 3M’s ethical reputation strong among consumers and across many industries. Company leaders create and promote a workplace environment where compliance and ethical business conduct are expected and encouraged by leading through example.

“For the past 120 years, 3M has built its reputation on doing things ethically,” said Michael Duran, 3M senior vice president and chief ethics and compliance officer. “Our purpose as a company and unwavering integrity help us deliver to our customers and make 3M a great place to work. I am truly proud of our more than 90,000 3M employees who work to protect 3M’s reputation every day.”

3M is one of 136 companies worldwide designated as one of the World’s Most Ethical Companies in 2022. The assessment includes more than 200 questions on culture, environmental and social practices, ethics and compliance activities, governance and diversity.

“The World’s Most Ethical Companies honorees understand the mandate today for business to be ethical, accountable, and trusted to drive positive change,” said Ethisphere CEO, Timothy Erblich. “Congratulations to 3M for receiving this recognition for the ninth year in a row. It’s a testament to 3M’s commitment to do the right thing and its dedication to integrity, governance, and community.”

The World’s Most Ethical Companies assessment process includes questions on environmental, social, and governance factors, safety, equity and inclusion and social justice and serves as an operating framework to highlight leading practices of organisations across industries and around the globe. Ethisphere® is the global leader in defining and advancing the standards of ethical business practices that fuel corporate character, marketplace trust and business success.

You can learn more about 3M’s Code of Conduct and Ethics & Compliance by visiting:
https://www.3m.com/3M/en_US/ethics-compliance/code/

The full list of the 2022 World’s Most Ethical Companies can be found at: https://worldsmostethicalcompanies.com/honorees

About 3M

At 3M, we apply science in collaborative ways to improve lives daily as our employees connect with customers all around the world. Learn more about 3M’s creative solutions to global challenges at or on Twitter or .

#3M

The issuer is solely responsible for the content of this announcement.

Laos-China Railway Opens Luang Prabang Ticket Office

Laos-China Railway opens Luang Prabang Ticket Office
Laos-China Railway opens Luang Prabang Ticket Office.

The Laos-China Railway has opened an official ticket sales office in Luang Prabang to better facilitate the purchase of tickets along major stops.

Envision AESC and Mercedes-Benz announce new battery partnership

Envision AESC plans Gigafactory in the US to supply Mercedes-Benz and advance journey to carbon neutrality

TOKYO, JAPAN – Media OutReach – 16 March 2022 – 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

#EnvisionAESC

The issuer is solely responsible for the content of this announcement.