Nissan Motor Philippines Nissan Motor Philippines The Nissan Philippines, Inc. is a joint venture between Nissan Motor Company, Universal Motors Corporation and Yulon Philippines Investment Co. Ltd. for the import and distribution of Nissan automobiles, multi-purpose vehicles (MPV) and sport utility vehicles (SUV) in the Philippines. Nissan Motor Company entered the Philippine market in 1969 with the appointment of Universal Motors Corporation (UMC) as the authorized assembler and distributor of Datsun cars and pickups. UMC started assembling vehicles in their Pasong Tamo, Makati facility. Included in the vehicles assembled were the Nissan Modeil 620 pick up with the 1.5 L J15 I4 engine.
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