Bharat Forge invests in Tork Motorcycles


Bharat Forge Ltd., India’s largest exporter of auto components announces strategic investment of upto Rs 30 Crores for eventual stake of 45% in an EV startup, Tork Motorcycles.

Bharat Forge is making a strategic investment in Tork Motorcycles as a part of its overall EMobility powertrain development. Tork’s strength lies in its in-house team that has designed, developed and built the complete electric motorcycle. Their knowledge in the overall EV powertrain development will help Bharat Forge gain access to technologies in personal E-mobility space.

Commenting on the investment, Amit Kalyani, Executive Director, Bharat Forge said “Together with the recent investment in the R & D setup at Mira, UK, Bharat Forge is strategically aligning to develop solutions across the entire spectrum from low voltage powertrains in personal mobility to high voltage applications for commercial vehicles”.

“BFL is well prepared for the increased penetration of Electric vehicles globally through offering solutions on Light Weighting, components for drivetrain and creating supply chain capabilities for electric powertrain”.

“This strategic investment will enable BFL to develop components/ sub systems to address the huge potential in the Indian personal mobility space driven by regulatory push through various initiatives and the increasing economic viability of Electric Vehicles.”

About Bharat Forge

Bharat Forge Limited (BFL) is the flagship company of the USD 2.5 billion Kalyani Group and a global provider of high performance, innovative, safety & critical components and solutions to various industrial sectors including Automotive, Railways, Power, Defence, Construction & Mining, Aerospace, Marine and Oil & Gas. BFL today has largest repository of metallurgical knowledge in the region and offers full service supply capability to its geographically dispersed marquee customers from concept to product design, engineering, manufacturing, testing and validation.

About Tork Motorcycles

Tork motorcycles (www.torkmotorcycles.com) is India’s first, premium electric motorcycle company. Founded by Kapil Shelke, Tork’s early prototypes were developed between 2009 to 2012 and participated in several international races including the prestigious Isle of Man TT with podium finishes. This demonstrated the capability of team to develop a high performance product with world class technology.

Tork team has been working on developing production version “T6X” since 2015. T6X is powered by lithium ion batteries, engineered to travel at a top speed of 100 kmph with superior acceleration. T6X travels 100 km on a single charge in all-weather condition. With its quick charge feature, the battery can be charged up-to 80% in an hour. T6X will have on board navigation, storage, cloud Connectivity and TFT dash board. Presently, T6X is being thoroughly tested on all parameters before it hits the market.

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Continental demonstrates Predictive Connectivity Manager

Mobile World Congress 2018

continental automotive predictive connectivity manager
© Continental AG
  • Intelligent data and channel management for predictive, holistic connectivity
  • Network availability forecast ensures optimum connectivity even on remote roads
  • Technology serves need for Always On Connectivity

Barcelona, February 26, 2018. It’s a problem all too familiar to those who spend a lot of time driving in rural areas: Mobile network reception is poor, with phone calls suddenly cutting out or music streaming coming to a halt. In many regions, lower bandwidths and high latency still diminish the user experience and prevent drivers from seamlessly transferring their digital lifestyle into their car. In response, technology company Continental has developed a Predictive Connectivity Manager that “looks” into the future to determine network availability and reception quality along the route so that it can then take appropriate action.

“The intelligent mobility of the future depends on connectivity that is as gap-free as possible. To allow drivers to get the best out of the existing network coverage, we have developed a predictive data and connectivity management solution. This enables us to not only identify reception white spots in advance, but also take action for a better user experience,” explains Johann Hiebl, head of Continental’s Infotainment & Connectivity business unit.

The project is an evolution of the Smart Telematics solution that Continental developed together with Carnegie Technologies. With Smart Telematics, it is already possible to aggregate available communication channels to get more bandwidth or to seamlessly switch between the channels once the reception quality becomes poor. The Predictive Connectivity Manager is an add-on to not only handle connectivity issues once they arise, but to develop intelligent data management and download strategies for a more anticipatory drive.

Crowd sourcing to determine network quality

To calculate the quality of reception along the road ahead, the connectivity manager collects data on the availability and quality of the communication channels from vehicles traveling along the same route, based on their current GPS position as well as what time and day of the week it is. This data is then processed and analyzed in the backend using Continental.cloud. The resulting database contains a range of data including information on signal strength, bandwidth, cellular standard and latency, as well as the cost of establishing a network connection at a specific position and the availability of different networks and providers.

In order for the vehicle’s data and channel management system to respond predictively, the connectivity manager must also be capable of predicting the route that the driver will take. To determine this “most probable path,” the software analyzes the vehicle’s pre-calculated route continuously and also accesses the navigation data. “Thanks to the combination of crowd sourced data from vehicles already traveling on the same route and their calculated route ahead, our connectivity manager really can take a glimpse into the future,” says Hiebl.

Compensation for network outages to guarantee optimum user experience

If the connectivity manager sees that the connection along the road ahead is getting worse, or that network coverage will soon not be available, a number of possible actions may be taken. On the one hand, the software could alert the drivers of upcoming network outage and inform them when the connection will likely be available again. A digital assistant could even switch to another, data independent application instead. On the other hand, the solution could prioritize between data intensive applications according to defined guidelines. It could temporarily provide the download of a software update with less bandwidth, for example, so that the current music stream is not interrupted. In addition, predictive channel management makes it possible to switch seamlessly between the various available channels depending on network quality and cost – from mobile networks, available WLAN hotspots in big cities or even satellite connection. In other words, if one channel offers better reception quality than another, the connectivity manager can switch between the networks.

Intelligent software as a digital companion

The Predictive Connectivity Manager can either run discreetly in the background and make its own decisions or actively involve the driver so that they can decide which of the available options to use. “We are constantly refining and enhancing our innovations to take them to a whole new level. With the Predictive Connectivity Manager, we are introducing a new technology that is serving the constant need of Always On connectivity. That way, safe, efficient and comfortable mobility is no longer a vision,” says Hiebl.

Continental will be unveiling the Predictive Connectivity Manager at the Mobile World Congress 2018 in Barcelona. Visitors can find all trade fair innovations and technology developed by the company in hall 6, booth 6B50 at the MWC 2018. In the outdoor area OA3B.40, Continental will also be showcasing two demonstration vehicles.

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Connected car vendor Bright Box to Participate at the Mobile World Congress in Barcelona

Bright Box, a global vendor of connected vehicle services, will be participating at the Mobile World Congress, the world’s largest gathering for the mobile industry, being held in the Mobile World Capital, Barcelona, from the 26th of February to the 1st of March 2018.

Top representatives from Bright Box will be there to discuss the future of the automotive market, connected car services based on AI and the digitalization of auto insurance. Ivan Mishanin, the CEO of Bright Box, Robert Schuessler, the VP Of Sales Europe and Vitaly Baum, the Chief Product Officer/Product Development, will share the results of the collaboration with Honda Motor Europe as well as the plans for synergy with Zurich Insurance Group.

This annual event provides a unique platform for business opportunities and relationship-building. Mobile World Congress includes 2300 exhibitors, showcasing the latest innovations; a world-class conference featuring expiring keynotes and discussions.

MWC attendees will also be able to see the best practices for delivering Connected Car business outcomes presented by Bright Box.

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DENSO Leads Dellfer’s Initial Funding Round, Supporting Cybersecurity for Connected Vehicles

Seed investment will help Dellfer develop cybersecurity safeguards for connected and autonomous vehicles

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KARIYA (Japan) ―DENSO, one of the world’s largest automotive suppliers, has announced a significant investment in Dellfer, an IoT and automotive cybersecurity startup company based in San Francisco, California.  Dellfer is a young startup focusing on cybersecurity solutions against “zero day” attacks within connected networks such as deployed IoT devices, and in the future, connected vehicles.  Dellfer will use the proceeds from this funding to build out its development team and begin discussions with early adopter customers, including DENSO.

“As cars become smarter, more connected, and autonomous, advanced safeguards to secure and protect the technology within those vehicles will be a key area of focus for DENSO, and the auto industry as a whole,” said Tony Cannestra, Director of Corporate Ventures at DENSO. “DENSO will continue to strongly support technologies like Dellfer’s to ensure that a safe and secure mobility future is delivered to our customers.”

“This investment accelerates our mission for IoT device cyberspace protection against zero day attacks,” said Dellfer CEO James Blaisdell. “We look forward to a deep and fruitful partnership with DENSO to deliver advance safeguards for protecting vehicles.”

DENSO continues to evaluate technology investment opportunities for automotive solutions and innovative technologies with potentially significant implications for the future of transportation. The company focuses on advancing four core areas: connectivity, autonomous driving, shared mobility and electrification (CASE) technologies. DENSO opened a Silicon Valley office in 2011, and in 2014 created a dedicated Corporate Venture Capital (CVC) group to pursue early stage investment opportunities around the world with entrepreneurs and startup companies. The company also lends expertise and monetary support to two technology incubators – Prospect Silicon Valley and NextEnergy.

About DENSO Corporation

DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. Its customers include all the world’s major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs more than 150,000 people. Consolidated global sales for the fiscal year ending March 31, 2017, totaled US$40.4 billion. Last fiscal year, DENSO spent 9.0 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges.

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Mahle launches MBE2 (Mahle Bio Ethanol 2), claims can increase by production 10%

A new product launched by Mahle has the potential to revolutionise the ethanol industry at a global level. MBE2 (Mahle Bioethanol 2) is a solution that increases the production of ethanol by a minimum of 10 percent without the need to increase the area of planted sugarcane.

The use of biofuels in internal combustion engines is an important alternative to significantly reduce CO2 emissions, one of the gases responsible for the greenhouse effect. Ethanol is thus used in countries all over the world as a strategic fuel. In Brazil and the US, for example, a large fleet of vehicles is powered by ethanol at concentrations of 100 percent and 85 percent, respectively. In addition, countries are increasingly using a blend of ethanol and petrol in proportions that vary between 10 percent and 30 percent to increase the fuel’s octane rating.

This is a definitive trend as a higher octane rating of the blend enables the ethanol to perfectly meet the challenges of new, more energy-efficient and explosion-proof combustion engines that require high-octane fuels.

As a measure of the global market potential of this renewable, sustainable, and environmentally friendly fuel in the next few years, China – with its massive consumption capacity –announced that it will begin using a petrol mixture that contains 10 percent ethanol across the entire country. Along the same lines, the U.S. is evaluating an increase in its current blend of 10 percent ethanol to between 25 and 30 percent.

The use of ethanol is a quick alternative to address full-cycle CO2 emissions because it uses existing infrastructure. In combination with vehicle electrification and other advanced propulsion technologies, such as fuel cells, it will assist in reducing future greenhouse gas emissions responsible for global warming.

Until electrical energy is largely produced from renewable sources and electric vehicles are manufactured exclusively ethanol will continue to play a vital role. Thus, for Brazil, one important path forward is the efficient use of ethanol, even in hybrid vehicles.

The development of MBE2

MBE2 was developed at the Mahle Tech Center in Jundiai, São Paulo (one of the 16 R&D centers of the Mahle Group in the world), based on the concepts of a third-party patent and together with their collaboration. The company also gained access to the rights to explore the ethanol-production technology on a global scale. Mahle says the intensive four-year development began in its dedicated laboratory and included a two-year pilot project followed by a period of industrial-sized operations carried out in an ethanol power plant in the region of Sertãozinho, São Paulo.

As is known, both first-generation ethanol produced using different cultures – notably sugarcane – and second-generation ethanol produced from biomass are derived from fermentation using yeast. To innovate the fermentation process, which is the bottleneck in ethanol plants, MBE2 consists of a system inside the fermenters that uses equipment to control the process as well as proprietary software. The system stimulates biochemical reactions, which results in a larger production of ethanol at a low operational cost.

Mahle says MBE2 is a much cheaper alternative to increase production both in terms of the investment and operational cost. It contributes to the plant’s results and to sustainability because it does not require an increase in the planted area and significantly reduces greenhouse gases.

This technology can be applied to any raw material and the production of any sugarcane- or biomass-based biofuel, such as that from corn, which is largely used in the U.S. The increase in revenue is yet to be determined.

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Ficosa bags five contracts for battery management systems for Chinese market

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With these significant achievements in China, the company consolidates its technological expansion and further strengthens its position in this market
These orders, from two Tier-1 automobile manufacturers, are valued at over €200 million and will be used for electric and plug-in hybrid vehicles
These solutions will be developed at the Viladecavalls Technology Centre and produced at the Taicang Technical Centre

Ficosa, a top-tier global provider devoted to the research, development, manufacturing and marketing of high-technology vision, safety, connectivity and efficiency systems for the automotive sector, has closed five important contracts for battery management systems (BMS) for the Chinese market. These orders, placed by two tier-one automobile manufacturers, are valued at over €200 million and will be used for electric and plug-in hybrid vehicles.

In the words of Jaume Prat, Ficosa’s Electromobility Systems Business Unit Director: “These contracts are an important milestone for Ficosa, expanding our portfolio of products in China and consolidating the company’s technological expansion in the field of electromobility. In addition to reaffirming our leadership in battery management systems, these orders reinforce our expertise as systems integrators, as we will deliver the whole system, including the electronic control unit (ECU) and the high-voltage protection devices (HVPD).”

Ficosa’s battery management systems give users the required safety and allow them to monitor the battery charge level at all times, as well as its health. The software, hardware and mechanics for these orders are being developed at the Viladecavalls Technology Centre (Barcelona, Spain), while production, which will begin in 2019, will take place at the Taicang Technical Centre (China).

Prat highlights: “The Viladecavalls Technology Centre has consolidated its place as the company’s global hub for electromobility systems, connectivity systems and ADAS (Advanced Driver Assistance Systems).  Likewise, with these projects we are further strengthening the company’s solid position in China, a key market for Ficosa, where, in addition to Taicang, we are present in Chonging and Shenyang with the main aim of being close to clients and giving them the best possible service.”

Leaders in electromobility

With these orders, Ficosa is reaffirming its leadership in electromobility, a sector in which it develops software and hardware solutions for hybrid, electric and hydrogen vehicles. These products stand out for their quality, reliability, innovative technology and compliance with the strictest standards. Specifically, the company produces battery management systems (BMS), electrical boxes to protect and distribute power from the battery (BDU / eBOX) and battery charging devices (OBC) in the field of electromobility.

Source: Ficosa

Delphi Technologies launches revolutionary Combined Inverter and DC/DC Converter in China

Delphi Logo

SUZHOU, China – February 20, 2018 – Delphi Technologies, PLC (NYSE: DLPH), a leading provider of advanced vehicle propulsion solutions, is bringing New Energy Vehicle (NEV) to the next level with the launch of the first Combined Inverter and DC/DC Converter in the China market. For automakers, these components create a more efficient and cost effective solution delivering higher power density, integrated in a smaller and lighter package.

NEV is China’s designation for plug-in electric vehicles eligible for public subsidies, and includes only battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs). This product’s potential to deliver more efficient future electric propulsion systems, while also meeting the industry’s highest technological standards, has already attracted the attention of major automakers who have selected this technology to power their vehicles.

“This launch marks another major step forward for Delphi Technologies’ pioneering position in electrification and another development of power electronics as an enabler,” said Kevin Quinlan, senior vice president and general manager, Electronics & Electrification for Delphi Technologies. “We continue to develop our business around the globe with exciting steps forward in the China market.”

Delphi Technologies’ 80 million USD investment in the Suzhou Plant covers an area of over 17,000  square meters (180,000 sq ft). The launch of this product underpins the technological developments the company is pursuing to address diverse local requirements for the Chinese market.

“We bring two decades of expertise to this product, which began with an initial investment in advanced engineering of electric vehicles,” said Quinlan. “Today’s launch could not have been possible without leveraging the unique engineering talent of our people.”

About Delphi Technologies

Delphi Technologies is a technology company focused on providing electric vehicle and internal combustion engine propulsion solutions, in addition to solving emissions and fuel economy challenges for the world’s leading automotive OEMs. Delphi also provides leading aftermarket service solutions for the replacement market. With Headquarters in London, U.K., Delphi Technologies operates technical centers, manufacturing sites and customer support services in 24 countries.

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Maxion Wheels breaks ground for passenger vehicle aluminium plant in India

Maxion Wheels celebrates new passenger vehicle aluminum wheel plant with traditional Bhoomi Poojan ground breaking ceremony on Feb. 19, 2018.

Pune, INDIA – MaxionWheels, the world’s largest wheel manufacturer, today held a ground breaking ceremony (Bhoomi Poojan) on the future site of its 25,000 square meters plant in Khed City, Pune. Hundreds of guests, including company dignitaries, customers, suppliers and associates attended the traditional Hindu event, which included a plaque unveiling and traditional ground breaking ritual.

During his ceremony speech, Maxion Wheels’ Chief Executive Officer, Pieter Klinkers remarked on the significance of the event, “With our new Pune passenger car aluminum wheel plant, Maxion Wheels becomes the first global light vehicle aluminum wheel producer in the Indian market. We responded to our growing global customers’ requests, and made the investment to join them in the world’s fastest-growing economy. When our project is complete, we will produce four million aluminum wheels annually. In this first phase, an investment of more than $50 million USD will be spent on the land and state-of-the-art plant and equipment for the manufacturing of two million wheels annually. Start of production is expected in the third quarter of 2019.”

The new wholly-owned operation, expected to initially bring more than 1,000 new direct and indirect jobs to the region, will produce low pressure die cast aluminum wheels with a high-end wheel finish.

Maxion Wheels will spend more than $50M USD for the 25,000 square meters state-of-the-art plant, land and equipment which will initially produce two million passenger vehicle premium aluminum wheels a year. Production is expected to begin in the third quarter 2019.

 


ABOUT MAXION WHEELS

Maxion Wheels, a division of IOCHPE-MAXION S.A., is a leading wheel manufacturer for passenger cars, light trucks, buses, commercial trucks and trailers. The Company also produces wheels for agriculture and military vehicles, as well as other off-highway applications. With more than 100 years of wheel-making experience and 10,000 employees globally, Maxion is the world’s largest wheel manufacturer, producing 58 million wheels per year. The Company serves its global OEM customers from 28 locations in 15 countries on five continents, and has state-of-the-art technical centers in the Americas, Europe and Asia.

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Steel Strips Wheels Ltd (SSWL) bags order from BMW

 

products-rightOn February 12, 2018 the SSWL bagged an order from Caravan Wheels in Europe for 19,500 steel wheels. The company has picked up another order from BMW for supplying approximately 46,000 steel wheels. The product would be supplied to BMW’s Leipzig, Germany plant from the Chennai plant starting next financial year. SSWL and BMW have strong business relationship for the past eight years.

An established designer and manufacturer of automotive steel wheels since 1991 the company supplies steel wheels for two- and three-wheelers, passenger cars, multi utility vehicles, tractors, trucks and off-road vehicles.

The company has three production facilities in India (Punjab, Chennai and Jamshedpur). The Punjab and Chennai facility mainly manufactures passenger car wheels and truck wheels in Jamshedpur. It has a total annual capacity of 16.6 million wheels – (9 million wheels in Dappar, 6 million wheels in Oragadam and 1.6 million truck wheels in Jamshedpur).

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DENSO announces management changes

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KARIYA (Japan) ―DENSO Corporation announced management changes.

Executive Changes

The following management changes will be effective April 1, 2018:

(1)Toshiyuki Kato will be appointed to executive vice president. Currently he is a senior executive director.

(2)The following will be appointed as senior executive directors:

  • Kazuaki Fujitani, currently an executive director
  • Yukihiro Shinohara, currently an executive director
  • Yoshitaka Kajita, currently an executive director

(3)The following will be appointed as executive directors:

  • Hidehiro Yokoo, currently an advisor
  • Koichi Nagaya, currently director, Quality Control Div.
  • Hirotaka Yato, currently project director, Corporate Planning Div.
  • Kazuhiro Iwai, currently general manager, Secretarial Dept.
  • Hiroshi Kondo, currently deputy head of Electronics Business Unit
  • Seiji Maeda, currently director, Corporate Planning Div.
  • Eiji Inoue, currently head of Air-Conditioning Business Unit

(4)Norio Fujimori will be appointed to executive fellow. Currently he is deputy head of ICT Business Unit.

(5)The following will resign as senior executive directors:

  • Yoshikazu Makino
  • Michio Adachi
  • Yukihiko Murakami

(6) Hiroyuki Murayama will resign as executive fellow.

Responsibility of Member of the Board and Executive Directors as of April 1st, 2018

Members of the Board

*Representative, ○ Newly-appointed, Changes are underlined

Title Name Responsibility
*Chairman Nobuaki Katoh  
*President & CEO Koji Arima  
*Executive

Vice President

Haruya Maruyama Overall Management, Corporate Strategy
Yasushi Yamanaka Overall Management, Safety, Quality,
Production, Corporate Foundation Center,
DENSO ABASHIRI TEST CENTER CORP.
Hiroyuki Wakabayashi Overall  Management, R&D Strategy,
CISO(Chief Information Security Officer),
Purchasing, Information Security Promotion Dept., SOKEN,INC.
Member of the Board Koji Kobayashi  
Yoshikazu Makino  
George Olcott Outside board member
Takashi Nawa  Outside board member

Executive Vice President, Senior Executive Directors

Title Name Responsibility
Executive Vice President ○Toshiyuki Kato Toyota, Toyota Group
Sadahiro Usui CEO of Europe,
DENSO INTERNATIONAL EUROPE B.V.
Hiroyuki Ina Electronic Systems Business Group,
Tokyo Office
Masahiko Ito New Business,
Fleet Air-Conditioning Business Unit
Katsuhisa Shimokawa Powertrain Systems Business Group, Korea
Shoji Tsuzuki Corporate Center, Information Systems Div., EDT Promotion Div., Audit Dept.
Shingo Kuwamura Purchasing Group
Yukihiro Kato Mobility Systems Business Group
Yoshifumi Kato Engineering Research & Development Center, Digital Innovation
○Kazuaki Fujitani Sales and Marketing Group
○Yukihiro Shinohara Electrification Systems Business Group
○Yoshitaka Kajita CEO of China

Executive Directors

Title Name Responsibility
Executive Directors Kazumasa Kimura DENSO (CHINA) INVESTMENT CO.LTD.
Bunichi Kondo Tokyo Sales Div.
Masanori Tsuruta Sensor & Semiconductor Business Unit
Yasuhiro Iida Thermal Systems Business Group, Taiwan
Kenichiro Ito CEO of North America,
DENSO INTERNATIONAL AMERICA, INC.
Jack Helmboldt Manufacturing and Mobility Systems Business of North America,
DENSO MANUFACTURING TENNESSEE, INC.
Shinsuke Yamaguchi CEO of Asia-Oceania,
DENSO INTERNATIONAL ASIA CO., LTD.
Jiro Ebihara Electric Components Business Unit,
Manufacturing of Electrification Systems Business Group
Yuji Ishizuka Sales and Marketing of Europe
Yasuhiko Yamazaki Production Innovation Center,
Manufacturing of Electronic Systems Business Group and Mobility System Business Group
Hisaaki Sato Sales and Marketing of North,
Central & South America
Hajime Kumabe Advanced Mobility Systems R&D Div.,
Mechanical & Energy Eng. R&D Div.,
Advanced Testing&Evaluation Div.,
R&D Tokyo Administration Dept.
Yasushi Matsui Global Strategy Center,
Finance & Accounting Div.,
Work Style Reforms Dept.
Hirotsugu Takeuchi Connected & Cockpit Business Unit,
Thermal Systems R&D Function Unit
Keiko Shimokata Safety Health & Environment Div.(Health & Environment), Health Care Promotion Div.,
DENSO BLOSSOM Co. LTD
Terutaka Kageyama Sales Engineering
○Hidehiro Yokoo Global Strategy Div. (Public Relations),
Corporate Communications Div.,
Legal Div., Tokyo Office (Public Relations)
Yutaka Yamanouchi Production Innovation Planning Div.,
Production Control Div., Facility Div.,
DENSO E&TS TRAINING CENTER CORP.
Hisashi Iida AD&ADAS Business Unit,
Electronic Control Components Div.
Marco Di Rao Marotta Thermal Systems Business of Europe,
DENSO THERMAL SYSTEMS S.p.A.
Sinnosuke Hayashi Mobility Systems Function Unit,
Basis Electronic Technology Unit,
DENSO CREATE INC.
Yasushi Mukai Engine Components Business Unit,
Powertrain Systems Business Planning Dept.
Katsuhiko Takeuchi Engine Systems Business Unit,
Powertrain Systems Development Div.
Tomoyuki Arakawa New Business Unit,
AgTech Promotion Div.
Kazuoki Matsugatani Engineering of Europe
Katsuhiko Sugito Machinery & Tools Div., FA Business Unit
○Koichi Nagaya Quality Control Div.,
Safety Health & Environment Div. (Safety)
○Hirotaka Yato Aftermarket Business Unit,
Customer Service Div.
○Kazuhiro Iwai Secretarial Dept., Human Resources Div.,
General Admin. Div.,
Plant General Administration,
Motor business integration Dept.
○Hiroshi Kondo Electronics Business Unit
○Seiji Maeda Motor Business Unit
○Eiji Inoue Air-Conditioning Business Unit

Changes of Members of the Board and Audit & Supervisory Board Member

DENSO decided the following changes of members of the board and the members on its audit & supervisory board. This changes will be effective after the 95th Annual General Meeting of Shareholders, 2018.:

(1)Shoji Tsuzuki will be appointed as members of the Board. Currently he is a senior executive director

(2)The following will resign as from members of the Board:

  • Nobuaki Katoh
  • Koji Kobayashi
  • Yoshikazu Makino

(3)Motomi Niwa will be appointed as member of the Audit & Supervisory Board.

(4)Masato Iwase will resign as member of the Audit & Supervisory Board.

DENSO’s New Board of Directors and Audit & Supervisory Board as of Annual General Meeting of Shareholders, 2018

Board of Directors

*Representative, **Outside, ○ Newly-appointed

Title Name
*President & CEO Koji Arima
*Executive Vice President Haruya Maruyama
Yasushi Yamanaka
Hiroyuki Wakabayashi
Member of the Board ○Shoji Tsuzuki
George Olcott**
Takashi Nawa**

Audit & Supervisory Board Members

**Outside, ○ Newly-appointed

Title Name
Audit & Supervisory Board Member  Atsuhiko Shimmura
○Motomi Niwa
Moritaka Yoshida**
Tsutomu Saito**
 Noriyuki Matsushima**

About DENSO Corporation

DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. Its customers include all the world’s major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs more than 150,000 people. Consolidated global sales for the fiscal year ending March 31, 2017, totaled US$40.4 billion. Last fiscal year, DENSO spent 9.0 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges.

Source: Denso Press Release