AUTOMOTIVE ENERGY SUPPLY CORPORATION

Automotive Energy Supply Corporation (AESC) is a manufacturer of high performance lithium-ion batteries for automotive applications, and even if someone is not familiar with their company's name, it may ring a bell once they hear that AESC is the "company that produces batteries for the Nissan Leaf." AESC was founded on April 19, 2007 as a joint venture between Nissan and the NEC Group, and they started mass producing lithium-ion batteries for the "Nissan Infiniti M Hybrid" in October 2010 an... d for the "Nissan Leaf", a 100% electric vehicle (EV), in November of that same year. Since then, electric and hybrid vehicles equipped with batteries from AESC have been used by numerous customers worldwide, and AESC's batteries have established an excellent reputation for their performance, quality, and reliability. Electric vehicles can contribute significantly to improving both the global environment and regional environments because they emit absolutely no CO2 or other exhaust gases while operating and they generate very little sound while driving. In addition, the use of renewable energy sources such as solar and wind power and new aspects such as emergency power supplies are also attracting attention. On the other hand, a variety of issues remain with electric vehicles including price, cruising range, and the need to establish a charging infrastructure. With the cooperation of automakers and material and parts suppliers, AESC will continue to endeavor to further improve the high quality level of their products, reduce costs, and increase energy density and capacity, and they will strive to be a world leader in lithium-ion batteries for automotive applications. More