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15 Nov
08:21

Denso targets $8 billion electrification revenue by fiscal 2025

Japanese automotive supplier Denso announced on Wednesday during its Denso Dialog Day 2023 that it targets electrification revenues of JPY 1.2 trillion ($8 billion) by fiscal 2025, Kallanish reports.  The fiscal 2025 target announced this time shows a 20% increase from last year due to steady sales of inverters, thermal management and power supply systems, as well as the tailwind from a weak yen, ceo Yasushi Matsui explains.  The company expec…
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