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Types of Keys For Trucks Around the mid to late 90's, key manufacturers started putting a transponder chip in the plastic head of their keys. The chip emits a signal that is read by the receiver inside of your ignition. If the code isn't in sync the car's code, it won't begin. They are also known as "chip keys." Beishir can create these for you at just a fraction of the cost of dealers. Transponder Keys A transponder, also known as an immobilizer or chip key is a tiny electronic chip