Denso to integrate electric motor business with subsidiary ASMO
Integration will allow Denso to tap expected surge in demand for electric motors amid growing focus on electrification and autonomous driving
Denso has reached an agreement for business integration with ASMO, one of its consolidated subsidiaries that specialize in small electric motors for various automotive applications, the company said in a press release on Monday (4 December). The Japanese supplier, along with its US subsidiary Denso International America, own 92.38% stake in ASMO.
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