Denso Wants to Grow Hybrid Electronics Business Beyond Toyota

No. 2 Global Auto Parts Supplier Also Sees Future in Lithium-ion Battery Manufacturing Japanese auto parts giant Denso Cop. says it sees a hybrid wave coming and intends to catch a long and profitable ride. ———- Denso's booth at 2009 Tokyo auto Show. ———- The company, the world's No. 2 parts supplier, now counts Toyota Motor Corp. – Denso's major shareholder – as its principal hybrid systems customer. It wants to standardize its hybrid battery and engine control units, power inverters and compressors so they can be sold to other automakers as well. Denso also might start making lithium-ion batteries to keep pace with rival Robert Bosch. The German auto parts

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