Aisin Seiki, Advics, JTEKT Corporation and Denso Corporation have formally agreed to form a new company to develop integrated control software that will be used for automated driving, vehicle motion control, and other related functions.
The new company, J-QuAD DYNAMICS, will be established in April 2019. In August 2018, the four companies announced their basic agreement to establish a joint venture. Denso will take an almost two-thirds stake in the new company.
To achieve safe, secure, and widespread automated driving, a more sophisticated integrated vehicle control system is required to coordinate sensors, brakes, and steering systems.
The software enables vehicles to better manage acceleration, turning and braking, which is critical for future mobility solutions.
Founded by the four investing companies, the new company will develop software and provide engineering services to accelerate the development of integrated vehicle control systems for automakers in Japan and throughout the world.
* The establishment of this new company requires the approval of antitrust authorities.