# Mitsubishi Electric Mobility and AISIN agree on business partnership for next-generation xEV products

Mitsubishi Electric Mobility Corporation and AISIN CORPORATION signed a business partnership agreement to develop electric drive modules for next-generation xEVs, terminating earlier plans for a joint venture. Development is scheduled to commence promptly, with product launch targeted for the second half of the 2020s.

- Type: Partnership
- Announced: 2024-10-31
- Where: Japan
- Status: announced
- Products: electric drive modules for xEVs
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [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/2024/006278.html), 2024-10-31: "Under the Agreement, the project to be undertaken by Mitsubishi Electric Mobility and AISIN will involve electric drive modules for xEVs, which AISIN has been developing."

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