Denso to invest USD1.6 billion in development and production of electrified automotive products

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Investments

Company plans to establish ‘Electrification Innovation Center’ in Japan in May 2020

Denso has announced that the company will invest approximately JPY180 billion (USD1.6 billion) over a three-year period (FY 2018 to FY2020) in development and production of electrified automotive products, systems and technologies, the Japanese supplier said in a press release on 5 April

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