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Stanley Electric Co., Ltd. and Mitsubishi Electric Mobility Corporation have signed an integration agreement to establish a joint venture company for the electronic and control component business for lamp systems for next-generation vehicles. The JV is scheduled to commence operations in the first half of fiscal year 2025.
“Stanley Electric and Mitsubishi Electric Mobility have entered into the basic agreement regarding the establishment of a joint venture company for the electronic and control component business, which constitutes lamp systems for next-generation vehicles.”automotiveworld.com
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