News Releases 2018Meiden to invest ¥7 billion to bolster facilities for mass-producing electric vehicle parts

Meidensha Corporation (Meiden) will invest ¥7 billion to expand mass-production facilities for electric vehicle (EV) parts at three of its plants. The move will bolster Meiden’s EV-related business by strengthening its production capacity for motors and inverters for EVs, whose demand is expected to surge due to environmental protection measures and regulations being implemented across the globe.

Meiden has selected its Nagoya Works as a new production hub for such parts. Existing buildings at this plant will be upgraded and mass-production lines constructed. A new building for producing EV parts will be constructed at Meiden’s wholly owned subsidiary Kofu Meidensha Electric Mfg. Co., Ltd. and existing production lines for parts at the Numazu Works will be beefed up. The expenditure will be part of the ¥20 billion growth investment included in Meiden Group’s Medium-Term Management Plan 2020 covering fiscal 2018 to 2020. Meiden will consider additional investment in tandem with the market’s expansion.

Outline of facility expansions

 Nagoya Works: Renovation of existing buildings and introduction of new facilities

 Location

 496 Ittangosewari, Nishibiwajimacho, Kiyosu City, Aichi Prefecture

 Parts to be produced

 Inverter-Integrated Motor Units for EVs

 Start of construction

 Scheduled for January 2019

 Start of operations

 Scheduled for November 2019

 Total floor space

 4,620㎡

 Production capacity

 Maximum annual production of 170,000 units


 Kofu Meidensha Electric Mfg. Co., Ltd.: Construction of new building and introduction of new facilities

 Location

 825 Nakadate, Chuo City, Yamanashi Prefecture

 Parts to be produced

 Motors for EVs

 Start of construction

 Scheduled for November 2018

 Start of operations

 Scheduled for November 2019

 Total floor space

 2,660㎡

 Production capacity

 Maximum annual production of 170,000 units


 Numazu Works: Expansion of facilities

 Location

 515 Kaminakamizo, Higashimakado, Numazu City, Shizuoka Prefecture

 Parts to be produced

 Inverters for EVs

 Start of construction

 Scheduled for November 2018

 Start of operations

 Scheduled for May 2019

 Total floor space

 240㎡

 Production capacity

 Maximum annual production of 120,000 units




Meiden will use its technological prowess nurtured as a pioneer in the production of motors and inverters for EVs to improve its mass-production facilities, while accelerating research and development of new EV parts with the aim of expanding its business in this field.

 

Meiden Electric Vehicle Drive Systems


 


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