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5. Denso Group (China) Business Report FY ended Dec. 2020

Denso Group (China) Business Report FY ended Dec. 2020

Recent Business Developments

Shanghai Motor Show 2021: Exhibiting Environmental and Safety Technologies
-The Company announced that it will exhibit products created based on environmental and safety technologies at the Shanghai Motor Show 2021. In the environmental field, the Company will exhibit ELEXCORE, an energy-management system that manages the energy generated by all-electric vehicles to extend the cruising range, shorten charging time, and extend battery life. In addition, ELEXCORE is designed to meet the needs of electrification. The Company will also showcase products for the FCEV system, a technology based on hydrogen. In offering drivers peace of mind, the exhibition will feature V2X technology that prevents accidents and traffic jams based on inter-vehicle and road-to-vehicle communication; a vehicle-failurediagnosis system that predicts failures by diagnosing engine conditions; and GSP2, a package of image sensors and millimeter-wave radar that can detect bicycles and pedestrians at night. (From an April 12, 2021press release)

Forged Strategic Alliance on Advanced Driver-Assistance Systemswith Vertical Eye Technology
-According to multiple media reports, ZongMu Technology Co., Ltd. has entered into a strategic-alliance agreement with Denso (China) Investment Co. It obtained a D1 round of financing from Denso (China) Investment Co. The two companies will collaborate on sensor technology for advanced driver-assistance systems (ADAS). (From multiple media reports dated May 1, 2020)

Local Production of Nickel-alloy Spark Plugs in China
-The Company will start local production of nickel alloy spark plugs in China in 2020. The nickel-alloy spark plugs ensure excellent ignition performance even at low voltage because there is sufficient space available without the need to change the spark gap due to using U-groove technology. As a result, this spark plug ensures constant ignition and saves fuel. (From the official WeChat dated March 13, 2020)

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