Denso plans $1 billion investment in Tennessee plant, generate 1,000 jobs

Denso plans $1 billion investment in Tennessee plant, generate 1,000 jobs

Japanese auto parts provider Denso Corp prepares to invest $1 billion in its Maryville, Tennessee plant for making vehicle electrification and safety systems, generating around 1,000 jobs. This is the most recent in a series of announcements from automakers hurrying to bring a great deal of electric vehicle models to market in the near future. Policymakers in crucial markets such as China are pressing a transition to electric cars from internal combustion engines for the next 2 to 3 years, where as fairly new competitor Tesla is gaining momentum, pressuring standard automakers to crank up preparations for completely electric […]