DENSO Announces U.S. Production of Electrification Product
Dec. 17, 2018—DENSO announced will produce a next-generation inverter for U.S. original equipment manufacturers (OEMs). The move comes as part of DENSO's $1 billion investment to make its Maryville, Tenn., location a manufacturing hub in North America for electrification, connectivity and advanced safety products, the company announced it will produce a next-generation inverter for U.S. original equipment manufacturers (OEMs).
DENSO also is looking to expand new technology with other customers in the North American market.
DENSO's commitment to Tennessee strengthens one of its key manufacturing locations, which is localizing a critical product for North American customers focused on electric vehicles and expanding DENSO's potential customer base. This marks the first production applications of DENSO's next-generation power modules, a critical component for the smaller and more efficient inverters needed for future electrified vehicles.
"The shift to electric vehicles will occur in stages, but we need to ramp up R&D and production now. Our long-term vision is a future with enhanced mobility, with less impact on the environment, and DENSO is committed to advancing automotive innovation and helping our customers meet today's and tomorrow's transportation demands," said Kenichiro Ito, chairman of DENSO's North America Board of Directors and chief executive officer of DENSO International America.
In 2017, DENSO announced its investment in Maryville, along with the creation of 1,000+ U.S. manufacturing jobs in Tennessee. The investment expanded multiple production lines to create products like DENSO's next-generation inverter, as well as advanced safety components, and products that connect vehicles and society.