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Aisin Partners with Mitsubishi Electric on Future xEVs

Aisin Partners with Mitsubishi Electric on Future xEVs

Aisin Seiki Co (JP:7259) has released an update.

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Mitsubishi Electric Mobility Corporation and Aisin Corporation have formed a business partnership to develop electric drive modules for next-generation xEVs, aiming to create competitive products for launch in the second half of the 2020s. This collaboration is expected to leverage both companies’ technological strengths and meet the growing demand for vehicle electrification.

For further insights into JP:7259 stock, check out TipRanks’ Stock Analysis page.

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