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Types of Keys For Trucks In the mid- to late 90's the industry began putting an electronic chip inside the plastic head on their keys. The chip emits an electronic signal that is picked up by the receiver in your ignition. If the code does not match the code, your car won't start. They are also known as "chip keys." Beishir can produce these for you at just a fraction of the cost of a dealer. Transponder Keys A transponder key, also referred to as chip key or immobilizer key,