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 electronics firm expand business


Electronics firms expand business in self-driving, EV technology

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Electronics and other non-automotive companies are eager to expand their businesses in the auto industry where innovations will be key factors amid the growing need for autonomous and electrified vehicles. At the Tokyo Motor Show, open to the public from Friday to Nov. 4, many electronics firms including Hitachi Ltd., Mitsubishi Electric Corp. and Panasonic Corp. are showcasing their products and services. Such companies are trying to take advantage of their experience and knowledge to manufacture motors, inverters and sensors that are indispensable to assemble autonomous and electrified cars. More than 50 percent of vehicles will be fully or partly powered by electricity by 2040, according to an estimate by the International Energy Agency. Hitachi Automotive Systems Ltd., an automotive business unit of Hitachi group, produces motors and inverters for electric vehicles as well as electronic control units of advanced driving assistance systems.