TOKYO -- Japan's second largest steelmaker JFE Steel will step up production of electrical steel sheets for motors, the company announced Monday, amid rising global demand for the crucial electric vehicle (EV) part.
Materials
Japan's JFE Steel doubles investment in high-end material for EVs
Manufacturer wants to tap rising demand for steel used in electric motors
Electrical steel sheets for EVs, which JFE is increasing its production capacity for. (Photo courtesy of JFE)
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