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Feb 23, 2022 04:59 PM (GMT+8) · EqualOcean
By fiscal year 2025 (up to March 2026), Japanese auto parts manufacturers will increase the annual production capacity of core parts inverters used in pure electric vehicles (EV) to 10 million, three times that of now. In addition to expanding the existing factories in Japan, the United States and China, it is also considered to start production in Europe, Southeast Asia and India to meet the needs of major customers such as Toyota to improve the electrification target. Electric equipment has received more and more orders for inverters for pure electric vehicles from European and American automobile manufacturers. It is planned that the sales of electrification related products, including inverters, will reach 1 trillion yen by fiscal year 2025.

This text is a result of machine translation.