Aisin, Toyota Tsusho & Minth come together for EV aluminium parts production in Canada

Japanese automotive supplier Aisin is moving to expand its electric-vehicle supply chain footprint in North America, announcing a new manufacturing venture in Canada focused on aluminium components.

The company said it will form a joint venture with Toyota Tsusho and Taiwan’s Minth Group to produce lightweight aluminium parts for electric vehicles, including battery housings and structural components designed to reduce overall vehicle mass.

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Ownership of the venture will be split between Aisin and Minth, which will each take a 40 per cent stake, while Toyota Tsusho will hold the remaining 20 per cent. The partners did not disclose the size of the investment.

Production will draw on aluminium extrusion technologies developed independently by Aisin and Minth. Although both companies already manufacture aluminium automotive components across Asian markets, this will be the first time they have collaborated on a parts-manufacturing operation.

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The decision comes against a backdrop of easing momentum in global electric-vehicle sales. Even so, industry forecasts continue to point to EVs accounting for close to 30 per cent of new passenger vehicle sales by around 2030, supported by regulatory pressure and long-term electrification commitments from automakers.

Aisin said the Canadian project is intended to strengthen its capacity in aluminium components ahead of wider adoption of electric and plug-in hybrid vehicles, positioning the company to serve automakers as demand gradually scales.