# Meidensha invests $63 million to expand EV parts production in Japan

Meidensha Corporation plans to invest JPY7 billion ($63 million) to expand three facilities in Japan, with its Nagoya Work plant in Aichi Prefecture becoming the new production hub for EV components. Construction starts in January 2019, with operation expected by November 2019.

- Type: Investment
- Announced: 2018-07-31
- Where: Aichi Prefecture, Japan
- Value: $63.0M (7.00B JPY)
- Starts operating: Nov 2019
- Status: announced
- Products: inverter-integrated motors, EV components
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Meidensha](https://endata.com/companies/6335.md)

## Sources

- [autotechinsight.spglobal.com](https://autotechinsight.spglobal.com/news/5246227/meidensha-to-invest-usd63-million-for-increasing-ev-parts-production-in-japan), 2018-08-03: "Meiden will upgrade existing buildings at the plant and construct new production lines to produce inverter-integrated motors for EVs."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.