© andreypopov dreamstime.com Electronics Production | August 28, 2018
AISIN and Denso team up to develop electrification driving modules
Aisin Seiki and Denso Corporation says that they have reached a basic agreement to establish a new joint venture company to develop and sell electrification driving modules. The companies will own 50% each.
The automotive industry is in an era of profound transformation, particularly in technologies for electrification, automated driving and connected driving. Electrification is one of the key disrupters impacting the automotive industry. Companies need to accelerate the development of technologies that meet the needs of auto makers and consumers and help maintain a sustainable society free from environment problems such as global warming, atmospheric pollution and resource and energy problems. Electrification requires a driving module package that integrates key components, such as transaxles, motor generators and inverters. This joint venture will develop and sell driving modules customised to meet performance, cost and regional requirements, a press release reads. AISIN and Denso will focus on driving modules for hybrids, plug in hybrids, fuel cell vehicles and electric vehicles, especially in China where the market for electric vehicles is expected to rapidly expand. Details are still being discussed and the plan is for the new company to launch in March 2019. The collaboration of two companies will support their commitment to maintain sustainable society.