A Tatebayashi Moulding worker shapes a stamping die with a grinder: Under the ownership of BYD, the company is moving to implement new designs more quickly. (Photo by Suzu Takahashi)

Japanese auto parts makers scramble to prepare for EV shift

'No time to rest,' given lead time for phase out of gasoline-powered cars

YUICHI SHIGA, Nikkei staff writer

September 13, 2024 06:00 JST

TOKYO -- Nearly eight decades ago, the forerunner of KYB Corp. latched onto the automotive sector when Japan's defeat in World War II ended its previous business supplying hydraulic devices for military aircraft.