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Japan's electric wire makers expand in Asia to ride EV boom

Manufacturers are building new facilities in China and Southeast Asia

Hitachi Metals will ramp up production of wire for electric parking brakes, like the one shown in this photo, in Thailand and Vietnam.

TOKYO -- Japanese electric wire manufacturers are shifting their production and investment into high gear in Asia as they prepare for growth in the region’s electric vehicle market.

SWCC Showa Holdings will invest about 700 million yen ($6.5 million) to relocate and integrate two plants in China. The company will also establish a system to develop, manufacture and sell EV cables through Jaxing Showa Interconnect Products, its Chinese subsidiary.

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