Aisin Seiki Co., Ltd. and Denso Corporation have formally agreed to form a new company to develop and sell driving modules used for electric vehicles.
The new company is named BluE Nexus and will be established in April* 2019. In August 2018, Aisin and Denso first announced their basic agreement to establish a joint venture.
Electrification requires a driving module package that consists of transaxles, motor-generators, and inverters, which are key components needed for both partially and fully electric vehicles.
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