FEOC
All Manufacturers

AESC (Envision AESC)

Under Review
🌍 Japan / ChinaZama, Kanagawa, JapanBattery Cells & StorageSubsidiary of Envision Group (Chinese private)

Last verified: 2026-04-22

Risk Summary
Country RiskHighHQ in Japan / China (covered nation)
Entity List ExposureLowNot on any lists
Ownership RiskMediumSubsidiary of Envision Group (Chinese private)
Domestic AlternativeLow20 allied/US options available

Entity List Screening

ListAgencyStatusYear
BIS Entity ListBureau of Industry and SecurityNot Listed2026
OFAC SDN ListOffice of Foreign Assets ControlNot Listed2026
DOD Section 1260HDepartment of DefenseNot Listed2026
UFLPA Entity ListCustoms and Border ProtectionNot Listed2026
SEC DisclosuresSecurities and Exchange CommissionNot Listed2026
IRS FEOC GuidanceInternal Revenue ServiceNot Listed2026

Ownership Structure

Envision Group (Chinese company, Zhang Lei founder & CEO). Originally Nissan's battery division.
🌍 Japan / ChinaIndividual / Shareholder
AESC (Envision AESC)
🌍 Japan / ChinaManufacturer

Source: SEC filings, stock exchange disclosures, corporate registry data. Ownership percentages reflect most recent available disclosure.

Compliance Assessment

Japanese-origin company now owned by Chinese parent Envision Group. FEOC status depends on whether Envision's Chinese ownership constitutes FEOC control under IRA definitions.

Key Factors

  • Headquartered in Japan / China, a covered nation under FEOC rules
  • Ownership: Subsidiary of Envision Group (Chinese private)
  • Has confirmed US domestic manufacturing operations
  • Not listed on any federal entity lists
  • Originally Nissan's battery division, sold to China's Envision Group in 2019. Japanese operations but Chinese ownership creates FEOC complexity.

Products & Equipment

NMC battery cellsPouch-type EV batteriesEnergy storage systems

Domestic manufacturing confirmed

Operating: Smyrna, TN (Nissan legacy plant). Under construction: Florence, SC (new gigafactory).

Clean Alternatives in Battery Cells & Storage

Allied-nation manufacturers in the same product category

LG Energy SolutionClean
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Samsung SDIClean
🇰🇷 South KoreaUS Mfg
Panasonic EnergyClean
🇯🇵 JapanUS Mfg
Fluence EnergyClean
🇺🇸 United StatesUS Mfg
Tesla Energy (Megapack)Clean
🇺🇸 United StatesUS Mfg
SK OnClean
🇰🇷 South KoreaUS Mfg
NorthvoltClean
🌍 Sweden
EnerSysClean
🇺🇸 United StatesUS Mfg

Data Sources

  • IRS FEOC guidance
  • Company disclosures
  • DOE records

This information is for reference only and does not constitute legal advice. Compliance determinations should be verified with qualified legal counsel. Entity list data is sourced from publicly available federal databases and may not reflect the most recent updates.