DENSO Named A Corporate Sponsor Of Detroit-Based NextEnergy Venture Services Program

DENSO Named A Corporate Sponsor Of Detroit-Based NextEnergy Venture Services Program

NextEnergy, one of the nation’s leading accelerators of advanced technologies, is partnering with global automotive supplier DENSO in an effort to accelerate the implementation and commercialization of advanced mobility and smart city technologies.

Denso - LogoNextEnergy, one of the nation’s leading accelerators of advanced technologies, is partnering with global automotive supplier DENSO in an effort to accelerate the implementation and commercialization of advanced mobility and smart city technologies.

“DENSO is excited and proud to be sponsoring NextEnergy,” said Tony Cannestra, director of corporate ventures for DENSO International America. “We believe that working with NextEnergy to expand our knowledge of startup companies in the Midwest will be very valuable to DENSO’s external innovation efforts.  In addition to that, NextEnergy’s commitment to clean energy advancement is an excellent fit to DENSO’s long-term corporate goal of pursuing eco-friendly partnerships.”

As part of the partnership, DENSO International America Inc. (DIAM) becomes a corporate sponsor of NextEnergy’s venture services program, and NextEnergy will serve as a strategic adviser to DIAM’s Corporate Venture Group, which is based in San Jose, California. In addition to early insight on new technologies as they are being developed, the partnership will provide DENSO with networking, startup engagement and other relationship-building opportunities as well as an avenue for potential investments in NextEnergy clients.

“Collaboration for the purpose of accelerating technologies is the core of what we do,” said Jean Redfield, president and CEO of NextEnergy. “As part of our partnership with DENSO, we’re striving to help them meet their business goals by providing first-hand knowledge of collaboration opportunities with NextEnergy clients and technologies.”

This corporate sponsorship aligns with DENSO’s corporate environmental policy and action plan to help resolve environmental and energy issues and conduct business in harmony with nature. DENSO’s ECO VISION policy, which was first launched in 1997, has been in place for nearly 20 years.

You May Also Like

Schaeffler Recognized as a GM 2023 Top Global Supplier

This is the fourth time Schaeffler has been honored with this award.

Schaeffler announced it was recently recognized as a top global supplier of 2023 by General Motors during the automaker’s annual Supplier of the Year event in Miami, Florida. This is the fourth time Schaeffler has been honored with this award.

Emphasizing shared values between GM and global suppliers, the rigorous selection process distinguishes those who align closely with GM’s principles, Schaeffler said. These values, rooted in performance, innovation, cultural alignment, and commitment to GM’s ambitious goals, serve as the foundation of the selection criteria.

What’s Next For Aftermarket Distribution?

Despite ongoing consolidation, experts say there is still a viable future for independent distributors.

Schaeffler, ATSG Partner to Support Technical Education

Schaeffler will provide ATSG members with ongoing education and technical resources.

What the Future Holds for the Aftermarket at AAPEX 2024

Attending AAPEX provides automotive professionals with the latest insights and innovations from industry leaders.

Schaeffler Releases TorCon 6L80 Torque Converter

The LuK TorCon 6L80 is “the only all-new, never remanufactured torque converter available in the aftermarket,” Schaeffler said.

Other Posts

Advance Announces Merchandising Leadership Changes

Bruce Starnes, new executive vice president, chief merchant, takes over for the retiring Ken Bush.

LKQ Publishes Global Sustainability Report

LKQ’s reports efforts to drive sustainable success for customers, employees and local communities.

5 Minutes With: Matt Crumpton, NAPA

Crumpton is director of program development for Auto Care/AAA/Autotech at NAPA.

Keynote Speaker Announced for AAPEX 2024

Erin Andrews will present the Keynote Breakfast address at AAPEX 2024.