# Aisin and Denso to form joint venture for electrification driving modules

Aisin Seiki and Denso reached a basic agreement to establish a 50-50 joint venture to develop and sell electrification driving modules for hybrids, plug-in hybrids, fuel cell vehicles, and electric vehicles. The new company is planned to launch in March 2019.

- Type: Partnership
- Announced: 2018-08-27
- Where: Japan
- Status: announced
- Products: electrification driving modules, transaxles, motor generators, inverters
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [DENSO](https://endata.com/companies/2901.md) (partner)
- [Aisin Seiki Co., Ltd.](https://endata.com/companies/18556.md) (partner)

## Sources

- [aisin.com](https://www.aisin.com/en/news/2018/005143.html), 2018-08-27: "Aisin Seiki Co., Ltd (AISIN) and DENSO Corporation (DENSO) today announced that they have reached a basic agreement to establish a new joint venture company to develop and sell electrification driving modules"
- [roboticsandautomationnews.com](https://roboticsandautomationnews.com/2018/09/06/aisin-and-denso-agree-jv-on-electrification-driving-modules/18972/), 2018-09-06: "Aisin Seiki Co., Ltd and Denso Corporation today announced that they have reached a basic agreement to establish a new joint venture company to develop and sell electrification driving modules."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.