Global and China Fuel Cell Industry Chain Report , 2019-2025
  • Jun.2019
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The thriving research on fuel cell is a result of global fossil fuel resources to be exhausted within a century. Hydrogen fuel cell as a kind of renewable resource has plenty of merits: (1) an energy conversion efficiency of as high as 50%-60%; (2) zero pollution, zero emission; (3) modular design, low maintenance cost; (4) many ways to produce hydrogen fuel since hydrogen is the most fundamental element in nature.

Global total sales of hydrogen fuel cell vehicles including passenger cars and buses exceeded 10,000 units between 2013 and 2018. Global ownership of fuel cell vehicles will surge to 5.01 million units in 2032 from 10,000 units in 2018, and sales revenue will soar from USD400 million in 2018 to USD255.2 billion in 2032, with accumulative total of USD1.2 trillion during the period. Fuel cell vehicle will be the fastest-growing automobile market segment worldwide before 2050. 

Global fuel cell market will be worth RMB328.1 billion in 2025, including RMB2 billion of the portable type, RMB141.9 billion of the fixed type and RMB184.2 billion of those for transport equipment. Fuel cell vehicle market will boom after 2020.

By the end of 2018, there had been more than 13 cities in China working on demonstration and promotion of fuel cell vehicles, including Yunfu City and Foshan City in Guangdong, Chengdu in Sichuan, Shanghai, Beijing, Zhangjiakou in Hebei, Xinbin Manchu Autonomous County in Liaoning, Wuhan in Hubei, Zhengzhou in Henan, Rugao City, Yancheng City and Suzhou City in Jiangsu, and Datong City in Shanxi. Vehicles piloted in these cities cover fuel cell buses, fuel cell coaches, fuel cell light buses and fuel cell logistics vehicles.

Among the 1,527 units of fuel cell vehicles sold in China in 2018, 1,418 units, or 93% of the total, were fuel cell buses; 109 units, or 7% of the total, were fuel cell trucks. It can be seen that buses were the mainstream product. In 2018, China’s shipments of fuel cell stack for vehicles approximated 50MW, and key suppliers were Sunrise Power Co., Ltd., Shanghai Re-Fire Technology Co., Ltd., Bing Energy Inc. and Beijing SinoHytec Co., Ltd..

Fuel cell vehicle market will take off after 2020, with its annual sales expected to post 3 million units around 2030.

Global and China Fuel Cell Industry Chain Report, 2019-2025 highlights the following:
20120114.gifFuel cell (classification, applications and development trends);
20120114.gifGlobal fuel cell industry (overview, patent, shipments, market size, etc.);
20120114.gifFuel cell development in Japan, South Korea, Europe, the United States, China, etc., and the gap between the Chinese market and the global market;
20120114.gifGlobal fuel cell vehicle industry chain (including fuel cell system, cell stack, components, hydrogen fuel, etc.) (mainstream suppliers, technology, cost, etc.);
20120114.gif7 global fuel cell system manufacturers (operation, technology, development plan, and output & sales);
20120114.gif10 Chinese fuel cell system manufacturers and 10 suppliers on the industry chain (operation, technology, development plan, and output & sales). 

1 Overview of Fuel Cell
1.1 Operating Principle
1.2 Classification
1.3 Applications
1.4 Development Trends

2 Global Fuel Cell Industry
2.1 Overview
2.2 Market Size
2.3 System Suppliers
2.4 Global Fuel Cell Vehicle (FCV) Market
2.4.1 Advantages
2.4.2 R&D and Introduction (1993-2015)
2.4.3 Promotion (2015-2025)
2.4.4 Popularization (after 2025)
2.5 Global Fuel Cell Vehicle (FCV) Sales

3 Fuel Cell Industry in Major Countries
3.1 Japan
3.1.1 Micro-CHP Development
3.1.2 FCV Development
3.2 South Korea
3.2.1 Policies
3.2.2 FCV Development
3.3 North America
3.3.1 Policies
3.3.2 Fuel Cell Forklift Development
3.3.3 Stationary Power Plant
3.4 Europe
3.4.1 Policies
3.4.2 FCV
3.5 China
3.5.1 Policies
3.5.2 Fuel Cell System
3.5.3 Key Materials
3.5.4 Fuel Cell Accessories
3.5.5 Promotion of FCV
3.5.6 Operation of Fuel Cell Bus
3.5.7 Typical Companies on Fuel Cell Industry Chain
3.5.8 Construction of Hydrogen Refueling Stations

4 Fuel Cell Vehicle Industry Chain
4.1 Comparison between Fuel Cell Vehicle and Lithium Battery Vehicle
4.2 Fuel Cell System
4.3 Fuel Cell Stack
4.3.1 Technology Roadmap
4.3.2 Electrode (Catalyst)
4.3.3 Electrolyte Membrane
4.3.4 Bipolar Plate
4.4 Fuel Cell Cost and Outlook
4.4.1 Cost of Fuel Cell System
4.4.2 Cost of Fuel Cell Materials
4.5 Hydrogen Fuel
4.5.1 Hydrogen Production
4.5.2 Hydrogen Storage and Transport
4.5.3 Total Cost of Hydrogen Production, Storage and Transport
4.5.4 Vehicle Hydrogen Storage Tank and Its Safety
4.5.5 Hydrogen Refueling Station
4.6 Fuel Cell Vehicle Feasibility
4.6.1 Cost
4.6.2 Technology
4.6.3 Cost of Use
4.6.4 Technological Level of Toyota Mirai Fuel Cell Car

5. Global Fuel Cell System Manufacturers
5.1 Plug Power
5.1.1 Profile
5.1.2 Operation
5.1.3 Fuel Cell Products
5.1.4 Clients
5.1.5 Collaborations and Acquisions
5.2 Ballard Power
5.2.1 Profile
5.2.2 Operation
5.2.3 Products
5.2.4 Clients
5.2.5 Development & Outlook
5.3 FuelCell
5.3.1 Profile
5.3.2 Operation
5.3.3 Products
5.3.4 Clients
5.4 HYGS
5.4.1 Profile
5.4.2 Operation
5.4.3 Products
5.4.4 Clients
5.5 SFC Power
5.5.1 Profile
5.5.2 Operation
5.5.3 Products
5.5.4 Collaborations
5.6 Bloom Energy
5.6.1 Profile
5.6.2 Operation
5.6.3 Products
5.6.4 Clients

6 Chinese Fuel Cell System Manufacturers
6.1 Shanghai Shenli Technology Co., Ltd.
6.1.1 Profile
6.1.2 Operation
6.1.3 Products
6.1.4 R&D
6.1.5 Collaborations
6.2 Sunrise Power Co., Ltd.
6.2.1 Profile
6.2.2 Operation
6.2.3 Products
6.2.4 Development & Outlook
6.2.5 Technology
6.3 Wuhan WUT New Energy Co., Ltd.
6.3.1 Profile
6.3.2 Products
6.3.3 R&D
6.3.4 Clients
6.3.5 Development & Outlook
6.4 Beijing Azure Hydrogen Energy Science & Technology Co., Ltd.
6.4.1 Profile
6.4.2 Products
6.4.3 R&D
6.4.4 Clients
6.4.5 Collaborations
6.4.6 Development & Outlook
6.5 Beijing SinoHytec Co., Ltd.
6.5.1 Profile
6.5.2 Operation
6.5.3 Fuel Cell Products
6.5.4 R&D of Fuel Cells
6.5.5 Construction of Hydrogen Refueling Stations
6.6 Zhongshan Broad-Ocean Motor Co., Ltd.
6.6.1 Profile
6.6.2 Operation
6.6.3 R&D
6.6.4 Collaborations
6.6.5 Development & Outlook
6.7 Guangdong Sino Synergy Technology Co., Ltd.
6.7.1 Profile
6.7.2 Operation
6.7.3 R&D
6.7.4 Development & Outlook
6.8 Beijing Nowogen Technology Co., Ltd.
6.8.1 Profile
6.8.2 Products
6.8.3 R&D
6.8.4 Collaborations
6.9 Dongfang Electric (Chengdu) Hydrogen Fuel Cell Technology Co., Ltd.
6.9.1 Profile
6.9.2 R&D
6.9.3 Collaborations
6.10 Jiangsu Horizon Fuel Cell Technologies Co., Ltd.
6.10.1 Profile
6.10.2 Operation
6.10.3 R&D
6.10.4 Products

7 Chinese Fuel Cell Supply Chain Manufacturers
7.1 Jiangsu Huachang Chemical Co., Ltd.
7.1.1 Profile
7.1.2 Operation
7.1.3 Fuel Cell Business
7.2 Shanghai 3F New Materials Technology Co., Ltd.
7.2.1 Profile
7.2.2 Operation
7.2.3 Fuel Cell Business
7.3 Dongyue Group Co., Ltd.
7.3.1 Profile
7.3.2 Operation
7.3.3 Fuel Cell Business
7.4 Sino-Platinum Metals Co., Ltd.
7.4.1 Profile
7.4.2 Operation
7.4.3 Fuel Cell Business
7.5 Hynertech Co., Ltd.
7.5.1 Profile
7.5.2 R&D
7.5.3 Development & Outlook
7.6 Shanghai TL Chemical Co., Ltd.
7.6.1 Profile
7.7 Shanghai Sunwise New Energy Systems Co., Ltd.
7.7.1 Profile
7.7.2 Fuel Cell Products
7.8 Bing Energy Inc.
7.8.1 Profile
7.8.2 R&D
7.8.3 Fuel Cell Business
7.9 Shanghai Re-Fire Technology Co., Ltd.
7.9.1 Profile
7.9.2 Fuel Cell Products
7.9.3 R&D
7.10 Shanghai Fuel Cell Vehicle Powertrain Co., Ltd.
7.10.1 Profile
7.10.2 Fuel Cell Business
Structure and Working Principle of Proton Exchange Membrane Fuel Cell (PEMFC)
Classification of Fuel Cell
Working Principle of Fuel Cells of Various Types
Applications of Fuel Cell
Hydrogen Fuel Cell and Parallel Development of New and Old Energy Systems
Global Fuel Cell Shipments, 2017
Global Hydrogen Energy Penetration, 2050E
Major Global Fuel Cell System Manufacturers
Comparison of Carbon Emissions between Various Automotive Technologies
Comparison of Integrated Performance between Various Automotive Technologies
Comparison of Endurance Mileage between Fuel Cell Vehicle and Lithium Battery Vehicle
Development and Deployment of Global Fuel Cell Vehicle Companies
Fuel Cell Vehicle Development Roadmap of Major Global Automakers
Forecast of Development Stage of Automotive Fuel Cell
Market Shares of FCV, Gasoline Vehicle and BEV/HEV, 2005-2050E
Global Fuel Cell Bus Sales, 2017
Global Fuel Cell Vehicle Sales, 2015-2030E
Global Fuel Cell Vehicle Market Size, 2015-2030E
90% Energy Efficiency of Fuel Cell Cogeneration Project
Equipment Drawing of Japan ENE-FARM Project
Japan’s Vision of Fuel Cell as a Source of Energy Accounting for 42% of Household Energy
Japan’s Development Roadmap of FCV and HRS
Japan’s 2015 Commercialization Roadmap of Fuel Cell Vehicle and Hydrogen Refueling Station
Comparison of Parameters between Toyota Mirai and Tesla Model 3 in the North American Market
Vehicle Architecture of Toyota Mirai Fuel Cell Car
Distribution of Hydrogen Refueling Stations in Japan, 2017
South Korea’s R&D Roadmap of Fuel Cell
NEXO—a New Fuel Cell Vehicle South Korea Launched in 2018
Ballard’s Estimated Costs of Lead-acid Battery and Fuel Cell
Ballard’s Estimated Net Present Value of Fuel Cell Forklift
Economic Efficiency of Bloom Energy’s Solid Oxide Fuel Cell (SOFC) System
Share of Clean Energy in Data Centers of Main American IT Firms
Germany’s HRS Promotion Plan
UK’s Development Roadmap of FCV and HRS
UK’s HRS Promotion Plan
China’s Policies Favoring Fuel Cells
Fuel Cell Research Institutions in China
Comparison of Performance between Chinese and Foreign Fuel Cell Cars
Comparison of Durability between Chinese and Foreign Fuel Cell Systems
Comparison of Performance between Chinese and Foreign Fuel Buses
SAIC’s Fuel Cell System
Comparison of Key Materials between Chinese and Foreign Fuel Cells
Comparison of Accessory System between Chinese and Foreign Fuel Cells
China’s Fuel Cell Vehicle Sales, 2016-2018
Shipments of Fuel Cell System Companies in China, 2017
China’s Fuel Cell Vehicle Sales, 2015-2030E
China’s Fuel Cell Vehicle Market Size, 2015-2030E
Fuel Cell Industrial Parks and Typical Companies in China
Distribution of Hydrogen Refueling Stations for Fuel Cell Vehicles in China
Cost Structure of Key Components for Fuel Cell Bus
Structure of Fuel Cell Power System
Chinese and Foreign Suppliers of Key Materials for Fuel Cell
Technical Characteristics of Proton Exchange Membrane Fuel Cell
Typical Applications of Proton Exchange Membrane Fuel Cell
Toyota Reduces Use of Platinum by Applying Platinum Plating Technology
Roadmap of Technology for Reducing Use of Fuel Cell Pt-based Catalyst
Expectations on Controlling Cost of Fuel Cell System by Reducing Use of Pt-based Catalyst
Three Kinds of Current Bipolar Plates
Problems Caused in the Process of Industrialization of Fell Cell Vehicle
Downtrend in Fuel Cell Cost
Cost Structure of Well Diluted Stack
Fuel Cell Cost Estimated by DOE Method (on the Premise of Mass Production of 500,000 Sets)
Battery Cost and Dismantling by Scale of Production
Distribution of Sources of Hydrogen Fuel
Decomposition of Distributed Hydrogen Production Technology
Cost of Hydrogen Production by Process in China
Cost of Hydrogen Production by Process in United States
United States’ Goal of Hydrogen Production Cost Reduction
Structure and Technology Roadmap of Ancillary Fuel Cell Hydrogen Supply Facilities
Downtrend in Cost of Vehicle Hydrogen Storage in United States
Hydrogen Transport Cost Estimate and Its Downtrend in United States
Overview of Two Kinds of Commercial Hydrogen Storage Tanks
Hydrogen Fuel Cost and Planned Downtrend in Europe
Comparison of Storage Pressure between Hydrogen and Other Gases
Structure of Liquid Hydrogen Storage Tank
Hydrogen Fuel Cell Safety Standards of United Nations
Operating Cost Structure of Hydrogen Refueling Station
Europe’s Investment Demand and Plan for Hydrogen Refueling Station
Cost of Toyota Mirai Fuel Cell Car
Comparison of Price between EV and FCV
Decomposition of Toyota Mirai Fuel Cell Car Technology
Engine System of Toyota Mirai Fuel Cell Car
Power Density of Toyota Mirai Fuel Cell Engine Reaches 3.1Kw/L
Schematic Diagram of Toyota Mirai
Hydrogen Storage System of Toyota Mirai
Cost Structure of Toyota Mirai Fuel Cell Car
PLUG’s Operating Results, 2010-2018
PLUG’s Operating Results by Business, 2017-2018
PLUG’s Fuel Cell Products
PLUG’s Supply Chain
PLUG’s Honors
PLUG’s R&D Costs, 2010-2018
Ballard Power’s Operating Results, 2010-2018
Ballard Power’s Operating Results, 2018
Ballard Power’s Fuel Cell Products
Parameters of Ballard Power’s Fuel Cell Products
Markets of Ballard Power’s Fuel Cell Products
FuelCell’s Operating Results, 2010-2018
FuelCell’s Fuel Cell Products
Parameters of FuelCell’s Fuel Cell Products
FuelCell’s Four Types of Fuel Cells
FuelCell’s Fuel Cell Supply Chain
FuelCell’s Supply Chain
HYGS’ Operating Results, 2010-2018
Structure of HYGS HySTAT? electrolyzers
Parameters of HYGS’ Fuel Cell Products
Equity Structure of SFC Power
SFC Power’s Operating Results, 2010-2018
SFC Power’s Energy System Solutions
SFC Power’s Fuel Cell Products
BloomEnergy’s Operating Results, 2016-2018
Bloom Energy ES-5700 Energy Server
Equity Structure of Shanghai Shenli Technology
High Temperature PEMFC Household Energy System
Low Temperature PEMFC Bus Energy System
Low Temperature PEMFC Passenger Car Energy System
Low Temperature PEMFC Forklift Energy System
Parameters of Shanghai Shenli Technology’s SL-C Fuel Cell Stack
Parameters of Shanghai Shenli Technology’s SL-CM Fuel Cell Module
Parameters of Shanghai Shenli Technology’s Compressed Gaseous Hydrogen System
Equity Structure of Sunrise Power
Parameters of Sunrise Power’s Automotive Fuel Cell Products
Parameters of Sunrise Power’s Fuel Cell Stack Module--HYMOD-36
Parameters of Sunrise Power’s Fuel Cell System--HYSYS-36
Parameters of Sunrise Power’s Fuel Cell Testing System--HYTST
Development Course of Sunrise Power
Business Structure of Sunrise Power
Equity Structure of Wuhan WUT New Energy
Parameters of Wuhan WUT New Energy’s PEMFC Composite Membrane
Parameters of Wuhan WUT New Energy’s PEMFC Membrane Electrode Assembly (MEA)
R&D Center of Wuhan WUT New Energy
PFMFC Emergency Power Supply
50KW Emergency Power Supply
Multi-MW Distributed Power Generation Systems
Fuel Cell Buses
Fuel Cell Forklifts
Typical Application Structure of Beijing Azure Hydrogen Energy Technology
Beijing SinoHytec’s Operating Results, 2015-2018
Parameters of Beijing SinoHytec’s Hydrogen Fuel Cell Engine Products
Parameters of Beijing SinoHytec’s Fuel Cell Voltage Converter
Revenue and Net Income of Zhongshan Broad-Ocean Motor, 2014-2018
Gross Margin of Zhongshan Broad-Ocean Motor by Product, 2015-2018H1
Business Divisions of Zhongshan Broad-Ocean Motor
Latest Equity Structure of Guangdong Sino Synergy Technology
Vehicle Models Supported by Guangdong Sino Synergy Technology’s Hydrogen Fuel Cells
Equity Structure of Beijing Nowogen Technology
Parameters of Beijing Nowogen Technology’s First-generation Metal Plate Stack (Fourth-generation Stack)
Parameters of Beijing Nowogen Technology’s Second-generation Composite Plate Stack
Parameters of Beijing Nowogen Technology’s Third-generation Composite Plate Stack
30KW HM-3 Fuel Cell Engine of Beijing Nowogen Technology
Hygen Series Small Methanol-hydrogen Generators of Beijing Nowogen Technology
Equity Structure of Dongfang Electric
Equity Structure of Jiangsu Horizon Fuel Cell Technologies
Development Course of Jiangsu Horizon Fuel Cell Technologies
VL System Fuel Cell Engine of Jiangsu Horizon Fuel Cell Technologies
Fuel Cell Power Plant System of Jiangsu Horizon Fuel Cell Technologies
H Series 10W-5KW Proton Exchange Membrane Stacks of Jiangsu Horizon Fuel Cell Technologies
T Series Fuel Cell Emergency Power Supply of Jiangsu Horizon Fuel Cell Technologies
XP Series Fuel Cell Stacks of Jiangsu Horizon Fuel Cell Technologies
Equity Structure of Jiangsu Huachang Chemical
Operating Results of Jiangsu Huachang Chemical, 2014-2018
Gross Margin of Jiangsu Huachang Chemical by Product, 2014-2018
Revenue Structure of Jiangsu Huachang Chemical by Product, 2014-2018
Equity Structure of Shanghai 3F New Materials Technology
Operating Results of Shanghai 3F New Materials Technology, 2014-2018
Gross Margin of Shanghai 3F New Materials Technology by Product, 2014-2017
Revenue Structure of Shanghai 3F New Materials Technology by Product, 2014-2017
R&D Costs of Shanghai 3F New Materials Technology, 2014-2018
Equity Structure of Dongyue Group
Operating Results of Dongyue Group, 2014-2018
R&D Costs of Dongyue Group, 2014-2018
Revenue Structure of Dongyue Group by Product, 2014-2018
Revenue Structure of Dongyue Group by Region, 2014-2017
Dongyue Group’s Perfluorosulfonic Acid Proton Exchange Membrane (PFSAPEM)
Equity Structure of Sino-Platinum Metals
Operating Results of Sino-Platinum Metals, 2014-2018
R&D Costs of Sino-Platinum Metals, 2014-2018
Revenue Structure of Sino-Platinum Metals by Product, 2014-2018
Gross Margin of Sino-Platinum Metals by Product, 2014-2018
Profile of Hynertech
Equity Structure of Shanghai TL Chemical
Profile of Shanghai TL Chemical
Equity Structure of Bing Energy
Parameters of Key Technologies of Bing Energy’s Membrane Electrode Assembly (MEA)
Parameters of Bing Energy’s Membrane Electrode Assembly (MEA) Products
Technical Characteristic Curve of Bing Energy’s Membrane Electrode Assembly (MEA) Products
Power Density of Bing Energy’s Membrane Electrode Assembly (MEA)
Durability of Bing Energy’s Membrane Electrode Assembly (MEA)
Equity Structure of Shanghai Re-Fire Technology
Fuel Cell System Product Lines (32KW/46KW/80KW) of Shanghai Re-Fire Technology
Parameters of CAVEN 4/CAVEN 3 new Fuel Cell Engines of Shanghai Re-Fire Technology
Parameters of CAVEN 7 Fuel Cell Engine of Shanghai Re-Fire Technology
Equity Structure of Shanghai Fuel Cell Vehicle Powertrain
30kW Fuel Cell Power System of Shanghai Fuel Cell Vehicle Powertrain
Fuel Cell Vehicle Integrated Power Control Unit (90kW) of Shanghai Fuel Cell Vehicle Powertrain
5kW/60kW Integrated Power Control Units of Shanghai Fuel Cell Vehicle Powertrain
90KW Fuel Cell Hybrid Electric Car Power System Platform of Shanghai Fuel Cell Vehicle Powertrain

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Lithium battery is comprised of cathode material, anode material, separator and electrolyte, of which anode material as a key raw material makes up 5%-15% of lithium battery cost. In 2019, China shipp...

China Automotive Intelligent Rearview Mirror Industry Report, 2020

Regulations and ADAS Help Intelligent Rearview Mirror Market Blossom In our report China Automotive Intelligent Rearview Mirror Industry Report, 2020, we analyze and research the status quo of the in...

BYD CASE (Connected, Autonomous, Shared, Electrified) Layout and Strategy Research Report, 2020

Research on BYD's CASE (Connected, Autonomous, Shared, Electrified): Absence of software and operating systemAs we all know, BYD excels in hardware. BYD started with rechargeable batteries and foraye...

ADAS and AD Industry Chain Report, 2019-2020 -- LiDAR

Research on Automotive LiDAR Industry: How five technology roadmaps develop amid the upcoming mass production of high-channel LiDAR? During 2020-2025, autonomous driving above L3 will be commercializ...

China Automotive Finance Industry Report, 2020-2026

Automotive finance penetration surged to 48% or so in China in 2018 and around 52% in 2019, yet still below the global 70%, and expectedly rising to 71% in 2026 with policy incentives and a change in ...

Global and China Leading Tier1 Suppliers’ Intelligent Cockpit Business Research Report, 2020 (I)

Leading Tier1 Suppliers’ Cockpit Business Research Report: Eight Development Trends of Intelligent Cockpit Abstract: in the next two or three years, a range of new intelligent cockpit technologies wi...

Automotive Cockpit Multi and Dual Display Trend Report, 2020

Dual and multi display solutions and development tendencies are analyzed in this report. Amid the smart cockpit trend, the display incarnates intelligence as the main interface of human-computer int...

Automotive IGBT Industry Report, 2020

IGBT (Insulated Gate Bipolar Transistor) is a fully controlled and voltage-driven power semiconductor device incorporating BJT and MOSFET, superior in small drive power, fast switching speed, low satu...

Global and China Telematics-Box(T-Box) Industry Report, 2020

T-Box Research: 46.7% of Passenger Cars Carry T-Box in 2020Q1 T-Box (Telematics-Box), also called telematics control unit (TCU), is comprised of GPS unit, outer interfaces for communications, electro...

Global and China Tire Mold Industry Report, 2020-2026

A total of 1,754 million semi-steel and all-steel radial tires were shipped worldwide in 2019, down 2.8% from a year ago. After two years of slowdown, the global tire industry will remain bearish amid...

ADAS/AD Industry Chain Report, 2020 -- OEMs

OEM Autonomous Driving Research: Successive Launch of L2 Models on Market, Foreign Plan for Mass Production of L4 Models Earlier Than China I. L2/L2+ models are successively available on the marketOv...

Denso CASE (Connectivity, Automation, Sharing and Electrification) Research Report, 2020

As one of the top three Tier1 suppliers in the world, Denso makes adjustments and deployments during the automotive industry disruption. Sorting out Denso’s existing product lines, up to 200-plus var...

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