Help Desk -
9717405332, 9599714297, 9810335381
Email
Password

DENSO to invest in automotive electrification products and systems

Auto News - Published on Mon, 08 Apr 2019

Image Source: wikipedia.org
DENSO, the world’s second largest mobility supplier, last week announced it will invest approximately JPY 180 billion (USD 1.6 billion) over the three years, from FY2018 to late FY2020, to support its aggressive development and production of electrified automotive products, systems and technologies. To achieve its long-term business goal to create and inspire new value for the future of mobility, DENSO is focused on increasing its performance in the area of electrification. Mr Yukihiro Shinohara, Senior Executive Office of DENSO, said “DENSO is committed to advancing automotive innovation and anticipating the changing needs of our customers in the transportation industry. Electric vehicles are increasingly becoming the norm throughout the world, and to meet the rising global demand for automotive electrification technologies and products, DENSO will strengthen its ability to develop and produce them.”

To accelerate business execution around electrification, DENSO is establishing the Electrification Innovation Center at DENSO’s Anjo Plant in Anjo, Aichi, Japan, in May 2020. The Electrification Innovation Center will conduct advanced R&D, develop and test prototypes, and launch mass produce newly developed automotive electrification products, systems and technologies.

DENSO has long developed and produced key products for electric vehicles, including inverters and motor generators used in hybrid vehicles and battery packs for mild hybrid vehicles, and it helped pioneer the Prius. Recently, DENSO has partnered with startups to develop software-based solutions to advance innovation in electrification, as well as automated driving, connectivity and shared economy.

Source :

Tags: | |

Posted By : Rabi Wangkhem on Mon, 08 Apr 2019
Related News from Auto segment