Tan Chong Motor influence the Malaysian automotive industry through its parts manufacturing division, APM Automotive Holdings Berhad (APM). The 2000s was a decade of diversification in the Tan Chong Motor portfolio. Since its founding, the Tan Chong name had become synonymous with Datsun and Nissan vehicles in Malaysia, but in mid-2003, the company adopted the Renault brand in line with the Renault–Nissan Alliance. A new subsidiary, TC Euro Cars Sdn. Bhd. (TCEC) was created to market, distribute and provide after-sale services for Malaysian-market Renault cars. The Renault brand was handled by Quasar Carriage Sdn. Bhd. prior to the advent of TCEC. Additionally, local
Automotive Energy Supply Corporation 25% stake in AESC. Automotive Energy Supply Corporation Automotive Energy Supply Corporation (AESC) is a manufacturer of lithium ion batteries for electric vehicles established 2007 as a joint venture between Nissan, NEC and TOKIN Corporation. In 2007 NEC Corporation, Nissan Motor Company, and NEC Tokin agreed to establish a lithium-ion battery company focused on development to production of batteries for electric vehicles; in 2008 the company was established with a capital of ¥1.5 billion ($14.3million) with a 51:42:7 Nissan:NEC:NEC TOKIN shareholding; the business was to establish a manufacturing site at Nissan's facility in Zama, Kanagawa c.2009, with an initial capacity