TOKYO -- Hitachi will build new electric vehicle components factories in Japan, the U.S. and China by the end of next year in a bid to expand capacity about sixfold and strengthen its position as a top supplier of key parts.
Japanese technology group aims for sixfold expansion of capacity as market heats up
The 2021 Shanghai auto show featuring electric vehicles. Hitachi's push coincides with the Chinese government's promotion of new energy vehicles. © Reuters
TOKYO -- Hitachi will build new electric vehicle components factories in Japan, the U.S. and China by the end of next year in a bid to expand capacity about sixfold and strengthen its position as a top supplier of key parts.