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Visteon and Shinry join forces in a new venture to advance power electronics technology

Visteon and Shinry establish the Visteon-Shinry Power Electronics joint venture in Michigan to synergize software, hardware, and system integration for advancing power electronics in new energy vehicles.

Date: March 12, 2024

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Visteon and Shinry join forces in a new venture to advance power electronics technology

United States- Visteon, a  global technology leader in the mobility industry, announced the formation of a Michigan-based joint venture with China-based Tier 1 supplier Shinry Technology Companies Ltd. The joint venture, named Visteon-Shinry Power Electronics (VSPE), leverages Visteon's expertise in software, hardware, and system integration along with Shinry's nearly two decades of experience in power electronics. Co-led by Zilai Zhao, Visteon Senior Director and Power Electronics Leader, and Jiangang (David) Gu, Shinry Deputy General Manager, the collaboration aims to strategically enhance their power electronics capabilities.

Bob Vallance, Visteon Senior Vice President of Global Customer Business Groups, Product Lines, and General Manager APAC Region said, The automotive industry takes a leap forward in power electronics with the exciting collaboration of these two industry giants. By joining forces, they aim to accelerate the development and mass production of cutting-edge power electronics. This will translate to faster delivery of cost-effective solutions for the booming electric vehicle market.

Dr. Renhua Wu, Shinry Chairman and General Manager By joining forces, Shinry and Visteon unlock a powerhouse of innovation.  Combining our expertise and resources, we'll drive groundbreaking R&D, expand our reach, and deliver superior products that empower customers and propel the industry forward

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