Denso : Toyota, Mazda, Denso to form electric vehicle JV - sources
September 28, 2017 at 02:52 am EDT
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TOKYO (Reuters) - Toyota Motor Corp (>> Toyota Motor Corp), Mazda Motor Corp (>> Mazda Motor Corp) and Toyota-affiliated parts maker Denso Corp (>> Denso Corp) are planning to set up a joint venture to develop electric vehicles, sources familiar with the matter said on Thursday.
TOKYO (Reuters) - Toyota Motor Corp (>> Toyota Motor Corp), Mazda Motor Corp (>> Mazda Motor Corp) and Toyota-affiliated parts maker Denso Corp (>> Denso Corp) are planning to set up a joint venture to develop electric vehicles, sources familiar with the matter said on Thursday.
(Reporting by Maki Shiraki; Editing by Chang-Ran Kim)
Denso Corporation is one of the world's largest producers of automotive equipment. The products include air conditioning systems, radiators, alternators, motors, starters, airbag sensors, etc. The group also offers industrial robots, automated industrial systems, etc.
Net sales are distributed geographically as follows: Japan (41.9%), Asia and Oceania (22.4%), North America (22%), Europe (12.1%) and other (1.6%).
DENSO CORPORATION 
