Koito Manufacturing Co. Ltd. (Koito Manufacturing) announced that it will liquidate its Chinese consolidated subsidiary, Fuzhou Koito Automotive Lamp Co., Ltd. (Fuzhou Koito). Established in December 1995 as a wholly owned subsidiary of Koito Manufacturing, Fuzhou Koito has been responsible for the manufacture and sa

Koito Manufacturing Co., Ltd. (Koito Manufacturing) announced that it will expand its production capacity in Mexico and Brazil. It will establish a new plant in Mexico and expand its existing plant in Brazil. Additionally, the company will also improve productivity by promoting automation and mutual complementarity b

Koito Manufacturing Co., Ltd. (Koito Manufacturing) announced that it has concluded a merger agreement with Cepton Inc. (Cepton), a US company which conducts manufacturing and sales of LiDAR. The two companies have been negotiating the acquisition of Cepton’s shares by Koito Manufacturing, and have reached an agreeme

・Kotio Manufacturing Co., Ltd. (Koito Manufacturing) announced that it will begin negotiations with Cepton, Inc. (Cepton) for making the startup its subsidiary. Both companies have been jointly developing automotive-grade LiDAR since 2018, and completed mid-range LiDAR’s development and preparations for production. T

Koito Manufacturing Co., Ltd. (Koito Manufacturing) announced that it will establish a new plant in Natori, Miyagi prefecture, Japan. The company has been producing automotive lighting products in three plants in Shizuoka prefecture (Shizuoka, Haibara, Sagara) and Koito Kyushu (Saga prefecture). By establishing the n

Cepton, Inc. (Cepton), a Silicon Valley innovator of lidar solutions, announced details around its plans for CES 2023 in Las Vegas, Nevada, from January 5-8, 2023. Cepton’s booth will feature a Chevrolet Silverado and a Ford F-150 equipped with the company’s latest vehicle integration solutions. Both of Cepton’s near

Koito Manufacturing Co., Ltd. (Koito Manufacturing) announced that it has made a decision to acquire additional shares of Cepton Inc. (Cepton), a U.S. company that manufactures and sells advanced driver assistance systems (ADAS) and LiDAR. Both parties have agreed that Koito Manufacturing will subscribe to non-voting

Cepton Inc. (Cepton), a developer of LiDAR solutions, announced that it has received a non-binding Letter of Intent for an investment of up to USD 100 million from Koito Manufacturing Co., Ltd. (Koito Manufacturing). Cepton will use the investment to help scale its lidar solutions for mass deployment. Cepton and Koit