# Aisin and Denso to form BluE Nexus joint venture for EV driving modules

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.

- Type: Partnership
- Announced: 2018-12-26
- Where: Anjo City, Aichi Prefecture, Japan
- Value: $450K (50.0M JPY)
- Jobs: 200
- Status: announced
- Products: driving modules for electric vehicles (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/2018/005161.html), 2018-12-26: "AISIN and DENSO today announced they have formally agreed to form a new company to develop and sell driving modules used for electric vehicles."

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