New Brake Venture Plans For Future
Sumitomo Electric Industries, Denso Corporation, Aisin Seiki and Toyota have announced a joint venture to share technology in a brake development and sales operation. Aisin Seiko will hold 40% of share, each of the other contributors taking 20% each. The new products will address requirements of ABS, Vehicle Stability Control, and the need for regenerative brake systems in hybrid and electric vehicles.
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