Toyota affiliates form JVs for electrification modules and autonomous tech

Aisin Seiki Co., Ltd (AISIN) and DENSO Corporation (DENSO) have reached a basic agreement to establish a new joint venture company to develop and sell electrification driving modules. The company will be capitalized with the participation ratio of AISIN 50% and DENSO 50%. The automotive industry is in an era of profound transformation, particularly in […]