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TDK eyes $5bn push into electric vehicle batteries and clean energy

Rohm and other electronic parts makers jump on EV supply chain bandwagon

With nearly one in three new cars sold in 2025 expected to be electrified, manufacturers of electronic components are investing heavily to meet the expected demand.   © Reuters

TOKYO -- Japanese electronic parts manufacturers are making big investments to scale up output of components for electrified vehicles, seeking to establish a place in the coalescing supply chains for the rapidly growing field.

TDK expects to budget more than 520 billion yen ($5.01 billion) over three years starting in April to boost production of batteries and other products for the clean energy field, while Rohm is quintupling capacity for next-generation chips used in electric vehicles.

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