# Visteon and Shinry form joint venture Visteon-Shinry Power Electronics

Visteon and Shinry Technology Companies Ltd. announced the creation of a Michigan-based joint venture, Visteon-Shinry Power Electronics (VSPE), to advance power electronics technology for the automotive industry.

- Type: Acquisition
- Announced: 2024-03-06
- Where: Van Buren Township, Michigan, United States
- Status: announced
- Products: power electronics, charging and distribution solutions for new energy vehicles
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Visteon](https://endata.com/companies/45918.md) (partner)
- [Shinry Technology Companies Ltd.](https://endata.com/companies/76096.md) (partner)

## Sources

- [visteon.com](https://www.visteon.com/investors/investor-news/news-details/2024/Visteon-and-Shinry-Form-Joint-Venture-to-Advance-Power-Electronics-Technology/default.aspx), 2024-03-06: "This collaboration brings two best-in-class companies together to further advance the state-of-the-art technologies in power electronics for the automotive industry."

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