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Aisin Seiki and DENSO formally agreed to form a joint venture named BluE Nexus, to develop and sell driving modules for electric vehicles. The company will be established in April 2019 in Anjo City, Japan, with 50% ownership each and about 200 employees.
“AISIN and DENSO today announced they have formally agreed to form a new company to develop and sell driving modules used for electric vehicles.”aisin.com
Summarized from public sources; check the original articles before acting on it.