Denso, a $48.1 billion global mobility supplier, will produce a next-generation inverter for the US original equipment manufacturers (OEMs). The company is also looking to expand new technology with other customers in the North American market. It is part of Denso's $1 billion investment to make its Maryville, Tennessee, location a manufacturing hub in North America for electrification, connectivity and advanced safety products.
Denso's continued commitment to Tennessee significantly strengthens one of its key manufacturing locations, which is localising a critical product for North American customers focused on electric vehicles and expanding Denso's potential customer base. Denso has been a leading global developer and pioneer of electrification products and systems for environmentally friendly automobiles for more than 20 years. 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.
Kenichiro Ito, chairman of Denso's North America board of directors and chief executive officer of Denso International America said, "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."
In 2017, Denso announced its investment in Maryville, along with the creation of 1,000+ US 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.
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