Mitsubishi Electric and Aisin plan joint venture for EV components

Mitsubishi Electric and auto parts supplier Aisin plan to set up a joint venture for electric and hybrid vehicle components. Mitsubishi Electric will hold a majority stake, aiming to leverage scale for more efficient R&D as price competition intensifies.

“Mitsubishi Electric and auto parts supplier Aisin plan to set up a joint venture for electric and hybrid vehicle components.”asia.nikkei.com

• 1 source
• asia.nikkei.comMitsubishi Electric and Aisin to launch EV parts joint venture - Nikkei AsiaAYA ONISHI, RYOHEI SHIMIZU, Nikkei staff writersMay 23, 2024

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