Automotive Financial Group Automotive Financial Group Automotive Financial Group (normally styled as AFG) was a British company specialising in automotive retailing, and the sale of associated products and services. The company was founded by the Austro Hungarian businessman Octav Botnar, as an extension of his successful Nissan import and distribution company "Nissan UK". Botnar had successfully built up a successful business since 1970, importing and marketing cars of the Datsun/Nissan within Britain, eventually attaining a 6% overall market share by 1980, to the point where the United Kingdom was the only export market where Nissan outsold its arch rival Toyota. Botnar had achieved
Renault–Nissan–Mitsubishi Alliance than expected, in 2013 the Alliance revised its sales target to 1.5 million electric vehicles by 2020. In May 2008, as part of the Alliance’s zero emission strategy, Nissan and NEC formed a joint-venture company, Automotive Energy Supply Corporation (AESC) to focus on the development and mass production of advanced lithium-ion batteries for a wide range of automotive applications from hybrids, electric vehicles to fuel-cell vehicles. AESC began production in 2009 at its facility at Nissan’s Zama plant in Kanagawa Prefecture where annual capacity is 65,000 units. Globally, Alliance battery production capacity is expected to be 500,000 units a year