Meidensha invests ¥7 billion to expand EV parts production at three plants

Meidensha Corporation will invest ¥7 billion to expand mass-production facilities for electric vehicle parts at its Nagoya Works, Kofu Meidensha Electric Mfg., and Numazu Works in Japan. The expansions will add capacity for motors and inverters, with operations starting between May and November 2019.

“Meiden will invest ￥7 billion to expand mass-production facilities for electric vehicle (EV) parts at three of its plants.”meidensha.com

• 2 sources
• meidensha.comMeiden to invest ￥7 billion to bolster facilities for mass-producing electric vehicle parts | MEIDENSHA CORPORATIONJul 31, 2018
• nikkei.com明電舎、70億円を投じてEV向け部品の生産能力を増強 - 日本経済新聞Nikkei Inc.Aug 1, 2018

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