Stanley Electric and Mitsubishi Electric Mobility sign an integration agreement for the establishment of a joint venture company for lamp system business for next-generation vehicles via company split

As announced on November 25, 2024 that “Stanley Electric and Mitsubishi Electric Mobility Reach a Basic Agreement to Establish a Joint Venture Company for Lamp System Business for Next- Generation Vehicles”, Stanley Electric Co., Ltd. (“Stanley Electric”) and Mitsubishi Electric Mobility Corporation (“Mitsubishi Electric Mobility”) have entered into the basic agreement (the “Basic Agreement”) on the same day regarding the establishment of a joint venture company (the “JV”) (the “Integration”) for the electronic and control component business (the “Target Business”), which constitutes lamp systems for next-generation vehicles (four-wheel and two-wheel vehicles), scheduled to commence operations in the first half of fiscal year 2025 The post Stanley Electric and Mitsubishi Electric Mobility sign an integration agreement for the establishment of a joint venture company for lamp system business for next-generation vehicles via company split appeared first on Automotive World.

Apr 24, 2025 - 12:42
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As announced on November 25, 2024 that “Stanley Electric and Mitsubishi Electric Mobility Reach a Basic Agreement to Establish a Joint Venture Company for Lamp System Business for Next- Generation Vehicles”, Stanley Electric Co., Ltd. (“Stanley Electric”) and Mitsubishi Electric Mobility Corporation (“Mitsubishi Electric Mobility”) have entered into the basic agreement (the “Basic Agreement”) on the same day regarding the establishment of a joint venture company (the “JV”) (the “Integration”) for the electronic and control component business (the “Target Business”), which constitutes lamp systems for next-generation vehicles (four-wheel and two-wheel vehicles), scheduled to commence operations in the first half of fiscal year 2025

The post Stanley Electric and Mitsubishi Electric Mobility sign an integration agreement for the establishment of a joint venture company for lamp system business for next-generation vehicles via company split appeared first on Automotive World.