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JCN Newswire

DENSO Holds Annual Dialog Day, Delivers Company Direction Update

December 16, 2022

KARIYA, JAPAN, Dec 16, 2022 - (JCN Newswire via SEAPRWire.com) - DENSO, a leading mobility supplier, has hosted its annual Dialog Day on December 15th. Aiming to enhance its concepts "Green" and "Peace of Mind" to realize what the company calls a "well-being cycle society," DENSO has announced its sustainability management strategy that contributes to a sustainable society, its corporate value improvement strategy to strengthen the corporate foundation which supports the creation of values, and "The Five Flows," which is DENSO's unique approach to the "2035 Vision.""Over the past 10 years, DENSO has allocated a total of approximately 8 trillion yen in research and development and capital expenditures for future investments. DENSO has also been investing in human resources, which can be seen through the large increase of employees worldwide, from 130,000 to 170,000. As a result, the company expects to reach a new record in sales and operating income. On the other hand, as global environmental issues, food shortages, and resource shortages become more serious, we often ask ourselves, "what more can we do to contribute to people's well-being?" said Koji Arima, President, and CEO of DENSO Corporation. "To date, DENSO has been striving to create a 'cycle of well-being' by growing and developing together with everyone in the automotive industry. As part of our efforts to expand this cycle of well-being from mobility to broader society, we have focused on "The Five Flows," which are: Free Movement of People, Flow of Goods, Energy Utilization, Minimization of Resource Requirements, and Flow of Data. DENSO will work to realize a "well-being cycle society" in which happiness can circulate more widely by interconnecting and integrally controlling "The Five Flows." Furthermore, DENSO will make future investments of 10 trillion yen over the next 10 years. As top management, I will seek partners who share our '2035 Vision' while enhancing our ability to achieve it."Technological Developments towards the World in 2035To realize a recycling-oriented society that never stops social activities and responds to diverse values and well-being, DENSO will work on "The Five Flows."Initiatives for the Free Movement of People and the Flow of Goods for Safe and Valuable Mobility- Free Movement of PeopleAiming to eliminate fatalities from traffic accidents, DENSO will expand the scope of support to include everyday driving. DENSO has developed algorithms that support safe driving by integrating not only the vehicle's surroundings, but also the driver's condition, skills, and driving tendencies. This will realize a higher level of safety. In addition, to realize mobility that responds to diverse values, DENSO will develop an electronic platform that updates vehicle functions following the values sought by individuals.- Flow of GoodsTo solve social issues such as driver shortages and increased cargo volumes, DENSO intends to realize a logistics system that combines automated driving and advanced operating systems. The advanced operating system will embark on efforts to eliminate long-hour operations and empty cargo on return trips in trunk routes, and eventually utilize quantum computing to optimize teams, goods, and time in logistics as a whole.Initiatives for Energy Utilization and Minimization of Resource Requirements for Eco-Friendly Monozukuri- Energy UtilizationDENSO will build an energy circulation system that combines various types of energy such as electricity, hydrogen, and fuels, aiming to realize carbon neutrality in monozukuri, or the art of making things. In addition, DENSO has started demonstrating this system at its factory and will expand it to other industries and regions.- Minimization of Resource RequirementsTo sustainably manufacture products with limited resources and minimize environmental impacts, DENSO will build an ecosystem for car manufacturing in which car resources are recycled in cooperation with various partners and industries, enabling the collection of discarded products and their reintroduction as recycled products. DENSO will progress with the development of new disassembly methods and materials to achieve low-cost, high-efficiency recycling.Initiatives to Join Flows Together to Maximize Value- Flow of DataWe will build a standard data platform that connects supply chains with data and apply it to battery traceability systems for electric vehicles. DENSO will also provide new values by connecting all data generated from "The Five Flows" in the lifecycle of mobility. Furthermore, DENSO will realize a world where new cars are reborn from old cars.- Strategies for Enhancing Corporate ValueThrough the initiatives of Green and Peace of Mind, DENSO will promote sustainability management that leads to solutions to social issues, and work on financial strategies to improve Return on Equity (ROE) to achieve business growth.Promoting Sustainability Management- The Progress of Green and Peace of Mind StrategiesDENSO is making steady progress in efforts to maximize the values of Green and Peace of Mind. In order to achieve carbon neutrality by 2035, DENSO has achieved sales of 550 billion yen in the electrification field, and has been improving the cumulative number of inverters produced, and is working to develop technologies to recycle and repurpose CO2. In addition, sales in the advanced driver assistance systems (ADAS) field have reached 320 billion yen, and the introduction of thermal management systems for battery EVs is progressing, accelerating the safety strategy to deliver peace of mind to society.- Strengthening the Corporate FoundationDENSO has established various sustainability key performance indicators (KPIs) corresponding to materiality. In addition to establishing KPIs for a thriving, diverse workforce such as the ratio of female managers and the ratio of local human resources among the heads of overseas bases, we have introduced some of these KPIs into the evaluation of executive compensation.Financial Strategies to Improve ROE- Growth Strategies that Balance Both Philosophy and ProfitabilityDENSO will further accelerate the transformation of its business portfolio to eliminate CO2 emissions and eliminate traffic fatalities and increase profitability. While promoting convergence in products for internal combustion engines, DENSO will expand CASE areas and new businesses, aiming for sales of 7 trillion yen in growth areas in 2035. In the electrification sector, DENSO aims to achieve annual production of 19 million inverters in 2030, which will also contribute to the expansion of battery EVs. In addition, for semiconductors that support electrification and ADAS, DENSO will strengthen in-house development and strategic collaboration with competitive partners. Over the next 3 years, DENSO aims to invest 250 billion yen in the semiconductor field.- Resource StrategiesDENSO will shift its resources to CASE areas, including semiconductors while reducing capital expenditures mainly in mechanical and hardware for products of internal combustion engines. DENSO will also focus on software development, targeting a research and development expenditure of 450 billion yen and a capital expenditure of 350 billion yen by 2025.- Improvement of Capital Structure and Shareholder Return PolicyWith a target of a shareholders' equity ratio of 50% or more, DENSO will improve its capital structure to achieve both efficiency and safety and improve ROE. In 2021, DENSO has raised its dividend standard to a dividend on equity (DOE) of 3.1%, and will continue to improve the level of dividends in a stable manner over the long term with an awareness of the cost of shareholders' equity.About DENSODENSO is a $45.1 billion global mobility supplier that develops advanced technology and components for nearly every vehicle make and model on the road today. With manufacturing at its core, DENSO invests in its 198 facilities to produce electrification system, powertrain system, thermal system, mobility electronics, & advanced devices, to create jobs that directly change how the world moves. The company's 167,000+ employees are paving the way to a mobility future that improves lives, eliminates traffic accidents, and preserves the environment. Globally headquartered in Kariya, Japan, DENSO spent 9.0 percent of its global consolidated sales on research and development in the fiscal year ending March 31, 2022. For more information about global DENSO, visit  www.denso.com/global/en/. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)

JCN Newswire

DENSO Receives Highest Rating from CDP in “Climate Change” and “Water Security”

December 13, 2022

KARIYA, JAPAN, Dec 13, 2022 - (JCN Newswire via SEAPRWire.com) - DENSO Corporation today announced it has been selected as an "A-List" company in the assessment of environmental initiatives conducted by international nonprofit CDP(1) for its excellent efforts in the areas of climate change and water security, as well as information disclosure. This is the first time DENSO has been selected for the "A-List" in the area of "Climate Change" and the second consecutive time in the area of "Water Security."In its long-term policy for 2030, DENSO has integrated the principle of "Bringing hope for the future for our planet, society, and all people," and is accelerating its sustainability management to maximize the value it provides in the fields of "Green" and "Peace of Mind." Specifically, in the area of "Green," in support of global efforts to reduce environmental impacts, DENSO aims to achieve carbon neutrality within its production activities by 2035, well ahead of 2050, the goal set by the Japanese government. DENSO also promotes initiatives in the 3 areas of "Monozukuri (manufacturing)," "Mobility Products," and "Energy Use" to realize a carbon-neutral society.DENSO believes that its multifaceted efforts have contributed to its selection for the "A-List." As a manufacturer, which can be energy intensive, DENSO has long been committed to reducing its environmental impact in all its business activities, including product development and production, to foster sustainable global and business environments. In 2022, in the fields of promoting mobility products and systems with high environmental performance and developing new technologies to recover and reuse CO2, DENSO has been utilizing the Green Innovation Fund(2) of the New Energy and Industrial Technology Development Organization (NEDO), a national research and development corporation. DENSO aims to achieve sustainable business growth and expansion and contribute to addressing ever-increasing environmental issues. In addition, DENSO has implemented a wide range of timely measures, including the promotion of environmental activities throughout its supply chain and the introduction of environmental, social, and governance (ESG) initiatives in response to growing public interests.DENSO remains committed to enhancing its corporate value and contributing to the realization of a sustainable society through sustainability management.(1) CDP is a British charity-controlled non-governmental organization that provides global disclosure systems to help investors, corporations, nations, regions, and cities manage their environmental impacts.(2) DENSO has been selected for the following 3 Green Innovation Fund projects.For more information, visit www.denso.com/global/en/news/newsroom/2022/20221213-g01/. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)

JCN Newswire

NTT Com and DENSO to Collaborate to Provide Security Operation Center for Vehicles

October 18, 2022

KARIYA, JAPAN, Oct 18, 2022 - (JCN Newswire via SEAPRWire.com) - NTT Communications Corporation (NTT Com), the ICT solutions and international communications business within the NTT group, and DENSO CORPORATION (DENSO), the global manufacturer of mobility components offering advanced mobility technologies, systems and products, announced today that it will collaboratively develop the Security Operation Center for Vehicles (VSOC1) to respond to the threat of increasingly sophisticated cyber-attacks against vehicles. Culminating from past efforts2, this collaboration combines the strengths of NTT Com and DENSO to establish and develop the technologies that comprise the VSOC(vehicle SOC) service and its operation systems. NTT Com provides its technological capabilities related to managed IT security, including networking, cloud computing, and ICT SOC, while DENSO leverages its unique technologies related to information security, communications, and data analysis, which it has cultivated in the areas of in-vehicle systems, vehicle cybersecurity, and connected car development. The two companies, both of which have extensive expertise in the IT and mobility fields, will work together to provide robust VSOC services that can accurately respond to evolving vehicle-related cyber-attacks. The collaboration aims to provide key services that enable prompt incident response at car manufacturers and mobility providers. Services to be provided include:- Vehicle monitoring and cyber-attack detection by automating the acquisition of log output from communications, connected servers, and security devices installed within vehicles- Detection of cyber-attack trends along with the details of actual attacks against vehicles on an individual or fleet-wide basis- Analysis of cyber-attacks and threats by expert security analysts, reporting of results and forensic information that facilitates recovery and response efforts, and real-time visualization and alerting for customers through a client portal site- Reliable and highly-available vehicle security monitoring on a global scale, built atop of NTT Com's proven infrastructure and operational experienceAs the number of vehicles facing threats from sophisticated cyber-attacks continues to grow, it is necessary to monitor connected cars, detect and analyze attacks at an early stage, and take appropriate measures. Through this collaboration, the two companies aim to provide VSOC services and accelerate their development to contribute to the realization of a safe and secure mobility society. NTT Com and DENSO began developing technology to detect and analyze vehicle cyber-attacks in 2017. Since 2020, the technology was further refined by simulating attack scenarios against vehicles and measuring responses to various events, including the detection of attacks and the analysis of the scope of impact using an experimental VSOC.(1) VSOC is an abbreviation for Security Operation Center for Vehicles. It refers to an organization that specializes in detecting and analyzing cyber-attacks on vehicles and developing countermeasures against them. (2) DENSO and NTT Communications Starts Validating Jointly Developed Vehicle Security Operation Center Technology to Realize Resilient Security Solutions for Connected Cars (published in December 2019)About NTT CommunicationsNTT Communications solves global technology challenges by helping enterprises utilize managed IT-infrastructure solutions to overcome complexity and risk in their ICT environments. These solutions are backed by our worldwide infrastructure, including industry-leading, global tier-1 public and private networks reaching over 190 countries/regions, and more than 500,000m2 of the world's most advanced data center facilities. Now as the core provider of the DOCOMO group's enterprise-business services and solutions, we create value through global-scale support for structural changes in industry and society, new workstyles, and digital transformation in communities. Together with NTT Ltd., NTT Data, and NTT DOCOMO, we are the NTT Group. www.ntt.com; Twitter@NTT Com; Facebook@NTT Com About DENSO DENSO is a $45.1 billion global mobility supplier that develops advanced technology and components for nearly every vehicle make and model on the road today. With manufacturing at its core, DENSO invests in its 198 facilities to produce electrification system, powertrain system, thermal system, mobility electronics, & advanced devices, to create jobs that directly change how the world moves. The company's 167,000+ employees are paving the way to a mobility future that improves lives, eliminates traffic accidents, and preserves the environment. Globally headquartered in Kariya, Japan, DENSO spent 9.0 percent of its global consolidated sales on research and development in the fiscal year ending March 31, 2022. For more information about global DENSO, visit www.denso.com/global/en/. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)

JCN Newswire

NTT DATA and DENSO Start to Build an Industry-wide Ecosystem for EV Batteries

October 14, 2022

KARIYA, JAPAN, Oct 13, 2022 - (JCN Newswire via SEAPRWire.com) - In September 2022, NTT DATA Corporation ("NTT DATA") and DENSO Corporation ("DENSO") started to build an industry-wide ecosystem for electric vehicle (EV) batteries to create a global trusted dataspaces where only necessary data can be shared, while also protecting private data.Overview of the Global Trusted DataspacesThe new battery regulation currently being reviewed in Europe will require disclosure of CO2 emissions and the resource recycling rate throughout battery lifecycles to the European Commission. In the future, when Japanese companies sell EVs, including battery electric vehicles (BEVs) and hybrid electric vehicles (HEVs), in the European market, they will be required to meet this regulation in Europe. To make this possible, it is necessary to build a common platform for securely sharing data between suppliers in the value chain, instead of requiring respective companies to meet the regulation individually.NTT DATA and DENSO have therefore jointly applied for the solicitation of proposals under the subsidy program of the Ministry of Economy, Trade and Industry (METI) to create an industry-wide ecosystem for EV batteries. The two companies were officially approved as business operators in September 2022.(1) In the future, the platform used for the ecosystem is intended to serve as a next-generation information infrastructure, allowing for the secure use of data among companies in different industries, including EV batteries.NTT DATA and DENSO will launch a study on a common platform for the automotive and manufacturing industries with the aim of commercializing services by the end of FY2023.1. BackgroundTo solve social issues such as attaining carbon neutrality, a recycling-oriented society, and human rights due diligence, a new mechanism is required for accurately distributing the data possessed by respective organizations across the supply chain. To prevent differences in business practices and legal regulations in respective countries and regions from hampering data distribution, data-sharing platforms have been studied in various countries in collaboration with many companies and organizations. Examples include building mechanisms such as Gaia-X,(2) which is a common standard for data distribution platforms in Europe, and Catena-X,(3) which is led by German automakers and IT companies.It is expected that Japanese companies that do business with German automotive companies will be required to distribute data via Catena-X. If they do so in accordance with the batteries regulation in Europe, data related to trade secrets, such as information on the raw materials of automotive components and order taking and placement, in addition to the carbon footprint ("CFP") information, will be stored in data centers located overseas. This may raise concerns for Japanese companies from the viewpoint of information management. Thus, Japan needs a unique system which can be interconnected with data spaces(4) in Europe while safely ensuring data management based on Japan's policy.To take on this challenge, NTT DATA and DENSO will launch a study on a data space for the automotive and manufacturing industries ("the data space") to manage life cycle data on EV batteries and build an industry-wide ecosystem for EV batteries.2. Specific effortsNTT DATA and DENSO will study a method for calculating the CFP information of the supply chain, which is required to build an industry-wide ecosystem for batteries that are crucial for the spread of EVs, and for visualizing environmental considerations in terms of scarce resources and human rights (human rights and environmental due diligence ("DD")) in the data space.As part of such efforts, NTT DATA and DENSO jointly applied for a METI subsidy program for FY2022 and were approved as business operators in September 2022. The two companies will work with relevant organizations to study a way of sharing, accumulating, and exchanging information on the calculation of CFP and implementation of DD in an industry-wide ecosystem for batteries. NTT DATA has worked with Nippon Telegraph and Telephone Corporation ("NTT") and NTT Communications Corporation ("NTT Com") to build the platform and create Japan's data space, which is connected to platforms for safely exchanging data between companies.Note 5 In this study, NTT DATA will collaborate with NTT Com and build the data space by leveraging the know-how of NTT DATA, which has a track record in building and operating large-scale social platforms.Meanwhile, DENSO has been developing traceability technology for safely managing information of individual parts and products on data platforms by utilizing the QR Code, which was developed in-house, and block chain technology, which is used in all industries, and connecting physical "things," including in-vehicle batteries, with "data" on battery life and raw materials accompanying individual parts and products. In this study, DENSO will identify issues in the industry and study business requirements by harnessing its technologies and wealth of know-how in the automotive industry with a view to utilizing traceability technology in various industries in the future.3. Future visionNTT DATA and DENSO aim to commercialize the service by the end of FY2023 in anticipation of the batteries regulation in Europe, which will partially come into force in 2024. In line with this study, the two companies will also start to examine the establishment of a new organization for operating the data space.NTT DATA and DENSO will also establish a structure and system in Japan and deploy them in Asian countries where Japanese cars are widely used, with the aim of creating a platform which will be widely used both in Japan and overseas in the future.(1) NTT DATA and DENSO applied for the following subsidy program of METI (secretariat of the subsidy program: Green Investment Promotion Organization, a general incorporated association), and their proposal was accepted."Project Expense Subsidies for Demonstration and Support to Cope with CASE, Including Autonomous Driving, in FY2022 (Project to Promote Creation of a Healthy Product Ecosystem and Establishment of Rules)" (carbon footprint and reuse/recycling as well as creation of a global trusted dataspaces)www.meti.go.jp/information/publicoffer/saitaku/2022/s220920001.html (in Japanese)www.teitanso.or.jp/case/ (in Japanese)(2) Gaia-X is an initiative announced by the German and French governments in October 2019 to support data sharing via infrastructure that ensures data protection, transparency, reliability, and interoperability to protect the rights of European companies, governments, institutions and citizens.(3) Catena-X is a data ecosystem operated by German automakers and suppliers for the secure distribution of parts information and other data among related companies.(4) A data space is managed based on a single policy.(5) Regarding past efforts, refer to the following press releases.*NTT Com Demonstration Test to Link GAIA-X Platform's "IDS Connector" Technology and SDPF based on Data Trust (September 2020)www.ntt.com/en/about-us/press-releases/news/article/2020/0928.html*NTT Com's Prototype Platform Securely Shares CO2 Emissions-related Data from Switzerland to Sites in Germany and Japan (April 2021)www.ntt.com/en/about-us/press-releases/news/article/2021/0408.html*NTT Com Starts Interconnection Trials Using Platform Connecting Gaia-X (European Secure Data-sharing Platform for Supply Chain Companies) with Systems of Domestic and Overseas Companies/Organizations (October 2021)www.ntt.com/en/about-us/press-releases/news/article/2021/1014.html*NTT Com and NTT DATA to Develop Data-sharing Eco-system that Interconnects with Europe's Catena-X Platform to Protect Data Sovereignty (May 2022)https://group.ntt/en/newsrelease/2022/05/26/220526b.html*NTT DATA Publishes White Paper on the Architectural Concept for Its Global Trusted Dataspaces (June 2022) bit.ly/3rRhQsh(6) iQuattro is a business collaboration & IoT platform offered by NTT DATA. https://iquattro.nttdata.com/ (in Japanese)*The names of products, companies, and organizations in this release are trademarks or registered trademarks of respective companies.About NTT DATANTT DATA - a part of NTT Group - is a trusted global innovator of IT and business services headquartered in Tokyo. We help clients transform through consulting, industry solutions, business process services, IT modernization and managed services. NTT DATA enables clients, as well as society, to move confidently into the digital future. We are committed to our clients' long-term success and combine global reach with local client attention to serve them in over 50 countries. Visit us at nttdata.com.About DENSODENSO is a $45.1 billion global mobility supplier that develops advanced technology and components for nearly every vehicle make and model on the road today. With manufacturing at its core, DENSO invests in its 198 facilities to produce electrification system, powertrain system, thermal system, mobility electronics, & advanced devices, to create jobs that directly change how the world moves. The company's 167,000+ employees are paving the way to a mobility future that improves lives, eliminates traffic accidents, and preserves the environment. Globally headquartered in Kariya, Japan, DENSO spent 9.0 percent of its global consolidated sales on research and development in the fiscal year ending March 31, 2022. For more information about global DENSO, visit www.denso.com/global/en/. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)

JCN Newswire

DENSO Announces Q1 2022 Results, Details Efforts Advancing its Pursuit of Sustainability and Safety

July 29, 2022

KARIYA, JAPAN, Jul 29, 2022 - (JCN Newswire via SEAPRWire.com) - DENSO, a leading mobility supplier, today announced global financial results for the first quarter of its fiscal year, ending March 31, 2023. DENSO's efforts and updates continue to be driven by its Two Great Causes: Green - achieving carbon neutrality by 2035 - and Peace of Mind - creating a safe and seamless world for all.As the automotive industry continues to undergo massive change in areas like electrification, autonomous driving and connectivity, as well as face economic challenges, DENSO remains committed to innovations, partnerships, and strategies that will shape the future of mobility while pursuing its Two Great Causes. Activities in Q1 that supported DENSO's causes include:- Co-developing with aerospace leader Honeywell an electric motor for Lilium's all-electric jet. This is the first product developed by Honeywell and DENSO since their alliance, and it marks DENSO's entry into the aerospace market.- Participating in solar projects with the City of Maryville Electric Department, the Tennessee Valley Authority, and Silicon Ranch Corporation that will help power operations at DENSO's Maryville, Tennessee, facility.- Formulating its semiconductor strategy for the procurement and development of semiconductors, which are crucial for new and advanced mobility technologies.- Starting research on hydrogen engine applications in heavy-duty commercial vehicles with Toyota Motor Company, Isuzu Motors limited, Hino Motors, Ltd., and Commercial Japan Partnership Technologies Corporation (CJPT). The project aims to improve the efficiency of internal combustion engines, a key component in helping achieve carbon neutrality while still meeting the transportation needs of different regions around the world.- Co-developing with AISIN and BluE Nexus a one-motor hybrid transmission for Toyota Crown. DENSO is in charge of inverter and contribute to the downsizing and thinning of the product by adopting a single-sided cooled power module and mounting it directly above the transmission.Articles DENSO released that showcase its activities included:- Developing integrated electronic control units (ECUs) in-house to support the rapid advancement of new mobility solutions like driver assistance functions, cloud-connected services, and other sophisticated safety features.- Strengthening its software development capabilities and supporting career development for its talented software engineers to accelerate its efforts around sustainability and safety. DENSO's Two Great Causes will continue to serve as the foundation of its corporate activities moving forward.About DENSO  DENSO is a $45.1 billion global mobility supplier that develops advanced technology and components for nearly every vehicle make and model on the road today. With manufacturing at its core, DENSO invests in its 198 facilities to produce electrification system, powertrain system, thermal system, mobility electronics, & advanced devices, to create jobs that directly change how the world moves. The company's 167,000+ employees are paving the way to a mobility future that improves lives, eliminates traffic accidents, and preserves the environment. Globally headquartered in Kariya, Japan, DENSO spent 9.0 percent of its global consolidated sales on research and development in the fiscal year ending March 31, 2022. For more information about global DENSO, visit https://www.denso.com/global/en/. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)

JCN Newswire

Isuzu, DENSO, Toyota, Hino, and CJPT to Start Planning and Foundational Research on Hydrogen Engines for Heavy-Duty Commercial Vehicles

July 8, 2022

TOKYO, Jul 8, 2022 - (JCN Newswire via SEAPRWire.com) - Isuzu Motors Limited (Isuzu), DENSO Corporation (DENSO), Toyota Motor Corporation (Toyota), Hino Motors, Ltd. (Hino), and Commercial Japan Partnership Technologies Corporation (CJPT) announced today that they have started planning and foundational research on hydrogen engines for heavy-duty commercial vehicles with the aim of further utilizing internal combustion engines as one option to achieve carbon neutrality.On the road to carbon neutrality, there are various powertrain options to meet customers' demands, including HEVs, BEVs, and FCEVs, in accordance with the differences in energy conditions in different countries and diversified customer uses. Hydrogen engines are one such option. The hydrogen-powered Corolla(1) has participated in the Super Taikyu Series(2) since May 2021, and hydrogen engine technology is evolving. In addition, efforts toward achieving a hydrogen society are further accelerating, such as the increase in the number of partners in producing, transporting, and using hydrogen.CO2 reduction in transportation and logistics by heavy-duty commercial vehicles, an important piece of infrastructure that supports people's lives, is a social issue that needs to be addressed together with partners who share a common vision toward achieving a carbon neutral society. Isuzu, DENSO, Toyota, Hino, and CJPT believe that hydrogen engines are one solution to this issue, and will utilize the technologies and know-how each company has accumulated to study the potential of hydrogen engines in heavy-duty commercial vehicles.The five companies will contribute to creating an even-better society by expanding the options available for achieving carbon neutrality.(1) ORC ROOKIE GR Corolla H2 Concept(2) "Super Taikyu Series 2021 Powered by Hankook," "ENEOS Super Taikyu Series 2022 Powered by Hankook" Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)