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DENSO to invest US$1.6 billion to develop automotive electrification

Electrans 1004 2019 3

DENSO will establish an Electrification Innovation Centre in 2020 DENSO, the world’s second largest mobility supplier, has announced it will invest approximately 180 billion yen (US$1.6 billion) over the three years – from FY2018 to late FY2020 – to support its aggressive development and production of electrified automotive products, systems …

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