# Mitsubishi Electric, Mitsubishi Electric Mobility and AISIN to form EV joint venture

Mitsubishi Electric, Mitsubishi Electric Mobility and AISIN reached a basic agreement to establish a joint venture to develop, produce and sell traction motors, power converters and control software for next-generation electric vehicles.

- Type: Partnership
- Announced: 2024-05-24
- Where: Japan
- Status: announced
- Products: traction motors, power converters, inverters, control software
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Mitsubishi Electric](https://endata.com/companies/2378.md) (partner)
- [Aisin](https://endata.com/companies/5961.md) (partner)
- [Mitsubishi Electric Mobility Corporation](https://endata.com/companies/77631.md) (partner)

## Sources

- [aisin.com](https://www.aisin.com/en/news/2024/006182.html), 2024-05-24: "Mitsubishi Electric Corporation, Mitsubishi Electric Mobility Corporation and AISIN CORPORATION announced today the three companies have reached a basic agreement to establish a joint venture company to handle products for next-generation 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.