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”) announced today the two companies have reached a basic agreement to establish a joint venture (the “JV”) to handle electronic and control components for lamp systems for next-generation vehicles (four-wheel and two-wheel vehicles) (the “Transaction”)

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