In US for electric cars
Japan's Denso unveils $1 bn investment
Japanese auto supply giant Denso announced plans
Washington - Egypt Today
Japanese auto supply giant Denso announced plans Friday to invest $1 billion to expand its US operations to focus on technology for automotive safety and electric vehicles.
The investment is expected to create 1,000 new jobs at Denso's facility in Tennessee, according to the company.
"This is an investment in the future of Denso, and also the future of transportation. We are seeing dramatic shifts in the role of transportation in society, and this investment will help position us to meet those changing demands," said Kenichiro Ito, chairman of Denso North America and chief executive of Denso International America.
Denso's move comes amid a growing trend by global automakers to shift to electric vehicles and new connected technologies for automobiles.
Denso last month announced a partnership with fellow Japanese group Mazda to develop electric vehicles.
At the 2016 Consumers Electronics Show, Denso unveiled its system of vehicle to vehicle (V2V) communication designed for accident avoidance and reducing congestion.
GMT 12:06 2017 Thursday ,21 December
Audi recalls over 52,000 cars;GMT 11:38 2017 Thursday ,30 November
Hyundai IONIQ reigns supremeGMT 09:03 2017 Tuesday ,12 September
Tesla's remote control raises eyebrowsGMT 08:12 2017 Saturday ,02 September
Honda reaches $605 mn settlementGMT 12:57 2016 Wednesday ,16 March
Industry calls for fast laneRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launc...Read More
GMT 22:42 2018 Thursday ,13 December
'World of Food Abu Dhabi' kicks off at Umm Al Emarat ParkGMT 09:23 2013 Thursday ,03 January
Haifa Wehbe: No 2012 regrets
GMT 06:46 2014 Thursday ,23 October
8 killed as passenger van attacked in south west Pakistan
GMT 16:55 2018 Tuesday ,16 January
Stylist fashion editor commences role
GMT 21:47 2015 Monday ,31 August
Jack Black stars in new 'Goosebumps' trailer
GMT 08:04 2017 Monday ,30 October
Pakistani bridal brand Élan showcases
GMT 11:57 2018 Thursday ,04 January
Thiem through but more seeds fall at Qatar Open
GMT 08:46 2017 Friday ,07 July
Stella Magazine associate editor
GMT 07:46 2017 Monday ,09 October
Egyptian national football team arrives at El Ittihadiyah palace
GMT 10:47 2017 Monday ,09 January
UAE retailer hiring ‘real people’ for runway show
GMT 09:48 2017 Sunday ,22 October
Barcelona roll on calmly amidst Catalan chaos
GMT 08:09 2017 Monday ,27 February
A Useful Guide to Repaint the Exterior of Your Home
GMT 10:19 2017 Wednesday ,27 September
Expo Live launches grant programme for local university students
GMT 13:41 2017 Saturday ,06 May
Shah Rukh Khan’s Dubai film
GMT 23:20 2017 Wednesday ,08 February
In same sportive look as sibling Gigi
GMT 14:00 2018 Tuesday ,11 December
Russia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
GMT 14:10 2018 Friday ,07 December
Lithuania imposes sanctions on Russian citizens involved in Kerch Strait incident
GMT 12:55 2018 Wednesday ,21 November
Bahrain condemns terrorist attack in Afghanistan
GMT 09:17 2018 Monday ,05 November
Edouard Philippe arrives in New Caledonia
GMT 11:20 2018 Friday ,12 October
Young Egyptian woman serves as minister for a day
GMT 10:20 2017 Monday ,29 May
Morocco protest leader arrested
GMT 15:10 2016 Tuesday ,03 May
Dr. Ashrawi on the occasion of World Press Freedom Day
GMT 23:11 2016 Monday ,20 June
Walmart, JD.com announce alliance in China
GMT 11:54 2015 Sunday ,05 July
7 Pakistani troops killed
GMT 18:11 2017 Tuesday ,14 March
EU headscarf ban ruling sparks faith group backlash
GMT 12:14 2017 Thursday ,06 April
Promoters refuse to confirm Manny Pacquiao's fight with Jeff Horn
GMT 00:33 2017 Wednesday ,01 February
Welcome back, Oman!
GMT 11:01 2017 Saturday ,25 February
Spain to cull 17,000 ducks as bird flu hits
GMT 10:18 2017 Wednesday ,26 April
Oslo, London, Amsterdam lead push for greener transport
GMT 12:34 2016 Sunday ,11 September
Samsung Urges Consumers To 'Immediately' Stop Using Galaxy Note 7 Smartphone
GMT 17:40 2014 Monday ,22 September
5 memory strategies for learning anything fast
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor