# Meidensha to invest ¥5.1B in new EV motor and inverter plant at Nagoya Works

Meidensha Corporation decided to invest ¥5.1 billion to build a new plant and procure equipment at its Nagoya Works to boost production capability for EV motors and inverters, adding annual capacity of 170,000 units.

- Type: Expansion
- Announced: 2020-02-28
- Where: Kiyosu City, Aichi Prefecture, Japan
- Value: $47.0M (5.10B JPY)
- Starts operating: Dec 2021
- Status: announced
- Capacity: 170,000 units per year (EV motors and inverters)
- Products: EV motors, EV inverters
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

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

## Sources

- [meidensha.com](https://www.meidensha.com/news/news_03/news_03_01/1245132_10981.html), 2020-03-06: "Meiden will boost its production capability by building a new plant and new production lines inside Nagoya Works."
- [monoist.itmedia.co.jp](https://monoist.itmedia.co.jp/mn/articles/2003/31/news065.html), 2020-04-01: "新工場建設と新生産ラインの構築は、今後見込まれる電動車用駆動モーター、インバーター一体機の受注増大に対応するため。"

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