Stanley Electric and Mitsubishi Electric Mobility enter into agreement on lamp system JV On April 24, Stanley Electric Co., Ltd. (Stanley Electric) and Mitsubishi Electric Mobility Corporation (Mitsubishi Electric Mobility, Chiyoda Ward, Tokyo) announced that they have formally entered into an agreement on the establishment of a joint venture company (JV) for a lamp system business for next-generation vehicles such as software-defined vehicles (S...

News  Updated at: 2025/04/28

ngthen agile development to halve its product development period by utilizing digital transformation (DX) such as a virtual space and artificial intelligence (AI). The company also aims to accelerate introduction of products and improve functionality through collaboration with Aisin Corporation and Stanley Electric Co., Ltd. Mitsubishi Electric Mobility intends to respond to the short development period of Chinese electric vehicle (EV) makers and...

News  Updated at: 2025/04/25

JRG Automotive Industries, India acquires two-wheeler functional plastics division of SEFI On February 3, 2025, JRG Automotive Industries Private Limited, acquired the two-wheeler functional plastics division of Stanley Engineered Fastening India (SEFI) for an undisclosed amount. The division specializes in the production and supply of plastic injection molded components for two-wheeler OEMs, construction equipment manufacturers, and Tier-1 two-w...

News  Updated at: 2025/02/04

Stanley Electric completes construction of new building at Hiroshima Factory On January 23, Stanley Electric Co., Ltd. (Stanley Electric) announced that it has completed construction of a new building at its Hiroshima Factory (Higashi-Hiroshima City, Hiroshima Prefecture) with an investment of JPY 8 billion. The total floor area of the Factory has doubled from 12,961 square meters before expansion to 24,354 square meters. At the new building, pro...

News  Updated at: 2025/01/27

ent capacity in India, a market with growing demand, it intends to win more orders from local automakers. Alps Alpine also sees the potential of expanding its partners' business through the alliance with Lumax. Lumax has partnerships with multiple parts manufacturers, including a joint venture with Stanley Electric Co., Ltd. (Stanley Electric). Alps Alpine is receiving more orders from local and South Korean automakers in India. “We can collabo...

News  Updated at: 2024/12/19

Dana seeks to sell Off-Highway business, reduce costs, with revised 2024 guidance On November 25, Dana Inc. announced the appointment of R. Bruce McDonald Chairman of the Board and CEO, following the retirement of James Kamsickas as CEO. Dana has engaged financial advisors Goldman Sachs & Co. LLC and Morgan Stanley & Co. LLC to sell its Off-Highway business, which provides drive and motion systems for heavy-duty vehicles in markets such as agricu...

News  Updated at: 2024/12/03

Stanley Electric and Mitsubishi Electric Mobility to establish JV for next-generation vehicle lighting business Stanley Electric Co., Ltd. (Stanley Electric) and Mitsubishi Electric Mobility Corporation (Mitsubishi Electric Mobility) announced that they will establish a joint venture company for lighting systems of next-generation vehicles (four- and two-wheeler). The joint venture company will integrate the strengths of Stanley Electric in the a...

News  Updated at: 2024/11/27

Angstrom Electric to become subsidiary of Stanley Electric Stanley Electric Co., Ltd. (Stanley Electric) announced that it will acquire a 75% stake in “Angstrom Electric Ltda. (Angstrom Electric)”, a Brazilian lamp maker, to make it its subsidiary. The transfer of the shares will be executed on November 30. Stanley Electric aims to utilize Angstrom Electric to expand sales of lamps to motorcycle makers that are concentrated in Manaus, a city ...

News  Updated at: 2024/11/20

Stanley Electric to absorb Stanley Tsuruoka in April 2025 Stanley Electric Co., Ltd. (Stanley Electric) announced that it will absorb its wholly owned subsidiary, Stanley Tsuruoka Works Co., Ltd. (Stanely Tsuruoka). Afterwards, Stanley Tsuruoka will be dissolved. The merger is part of the restructuring activities of the Stanley Group’s LED business. It aims to strengthen its competitiveness through efficient use of business resources and improv...

News  Updated at: 2024/10/03

Stanley Electric to expand motorcycle lamp market share in emerging nations Stanley Electric Co., Ltd. (Stanley Electric) will concentrate on its motorcycle lamp business. In addition to aiming to increase its market share in India and other emerging nations, it will step up efforts to rebuild its operations in South America. The company aims to increase sales in the motorcycle business to JPY 150 billion, more than double that of the FY 2023 lev...

News  Updated at: 2024/06/19

Stanley Electric selects Siemens’ Questa platform for its newest MEMS IC design Siemens Digital Industries Software announced that Stanley Electric has adopted its Questa Advanced Verification platform as the integrated circuit (IC) functional design verification environment for the design of its next-generation microelectromechanical systems (MEMS) device. Stanley designs innovative ICs for 2D-MEMS mirror devices. The target applications for S...

News  Updated at: 2023/10/12

Magenta Mobility, India raises investment from bp and Morgan Stanley India On April 5, Magenta Mobility raised USD 22 million from bp and an investment fund managed by Morgan Stanley Infrastructure Partners Inc (India). It is now on a mission to expand its fleet to 4,000 three and four-wheel EVs (electric vehicles) across the country over the next year. Magenta is developing an electric ecosystem both for employee transport and last-mile deliveri...

News  Updated at: 2023/04/06

Automotive lamp makers to strengthen development of next-generation products Japanese automotive lamp makers are strengthening the development of next-generation automotive lamps. Koito Manufacturing Co., Ltd. has increased its investment in Cepton Technologies, Inc., a U.S. LiDAR (laser scanner) maker. Stanley Electric Co., Ltd. has agreed on the joint development of next-generation lamp systems with Honda Motor Co., Ltd. Ichikoh Industries, Ltd...

News  Updated at: 2022/09/29

Stanley Electric and Honda conclude capital and business alliance and implement third-party allotment Stanley Electric Co., Ltd. (Stanley Electric) announced that it has entered into a capital and business alliance with Honda Motor Co., Ltd. (Honda) and will dispose of treasury stock through a third-party allotment to Honda. Honda is an important customer of Stanley Electric's automotive equipment business. The two companies have been collaborati...

News  Updated at: 2022/09/28

Velodyne Lidar, US to provide lidar sensors to Stanley Robotics, France On September 27, Velodyne Lidar, Inc. announced a multi-year agreement to provide its lidar sensors to Stanley Robotics for an automated valet parking solution. The innovative service uses autonomous handling robots to help car parks to improve the customer experience and increase the number of vehicles that can be stored. Stanley Robotics is working with Velodyne’s Puck...

News  Updated at: 2022/09/27

parking spaces. Drivers will park their vehicles at a “berth” in the proximity of facilities such as shopping malls for pick-up by AGVs. AGVs will automatically bring vehicles back to the berth before the departure time reserved by the driver through a smartphone app. Mitsubishi Heavy will use Stanley Robotics’ “Stan” AGVs for the parking system. (From an article in the Nikkan Jidosha Shimbun on August 6, 2022)...

News  Updated at: 2022/08/08

Human Horizons plans IPO in HK According to multiple press releases, Human Horizons has partnered with UBS and Morgan Stanley on its IPO, and is considering a $500 million IPO in HK. Human Horizons had originally planned to go public in the US, but changed to HK as circumstances changed. The company's discussions regarding the IPO are still ongoing, while the details remain subject to change. Among the financing information of Human Horizons thus...

News  Updated at: 2022/01/30

Stanley Electric begins production of high-power infrared VCSEL for automotive applications Stanley Electric Co. Ltd., (Stanley Electric) announced that it has started production of high-power infrared VCSEL that complies with automotive quality standard AEC-Q102. This product will be installed as the world’s first in-vehicle sensing device using an infrared VCSEL. In cooperation with Lumentum Operations LLC, a global leader in design and manuf...

News  Updated at: 2022/01/11

Stanley Electric to accelerate development of disinfection products Stanley Electric Co., Ltd. (Stanley Electric) will accelerate the development of disinfection products such as ultraviolet air disinfection products. The company’s four business divisions including lighting application and automotive AD divisions will form a new project for the promotion of the UV business from November through March 2022 in order to share expertise and develop...

News  Updated at: 2021/11/09

Immersion expands licensing agreement with Stanley for automotive products Immersion Corporation, a developer of haptic technologies, announced that it has expanded its license with Stanley Electric Co., Ltd. for the application of haptic technologies in the automotive market. Haptic technologies are playing a growing role within modern cars as tactile effects are being incorporated into applications such as entertainment, navigation and climate ...

News  Updated at: 2021/08/20