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Information contained in this news release is current as of the date of the press announcement, but may be subject to change without prior notice.
November 20, 2017
Tokyo, November 20, 2017 --- Hitachi Automotive Electric Motor Systems, Ltd. today announced that it established Hitachi Automotive Electric Motor Systems (Guangzhou) Ltd. on November 17 in Guangzhou, Guangdong Province in the People's Republic of China as a new company for the development, manufacture and sales of motors for electric vehicles (EVs). The construction of buildings such as the plant and office will start in June 2018. Completion is planned for June 2019, with the start of mass production targeted for fiscal year 2020.
With the establishment of this new company, Hitachi Automotive Electric Motor Systems will further strengthen its business base in the Chinese EV market, which is poised to rapidly expand in the future, while also responding to increasing demand for EV motors in China.
|Name||Hitachi Automotive Electric Motor Systems (Guangzhou), Ltd.|
|Establishment date||November 17, 2017|
|Address||Zengcheng Development Zone, Gaungzhou, Guangdong Province, China|
|Representative||Vice-chairperson/CEO Haruo Natamame|
|Business details||Development, manufacture, and sales of EV motors|
|Lot area||88,000 m2|
|Ownership portion||Hitachi Automotive Electric Motor Systems 100％
Hitachi Automotive Electric Motor Systems, Ltd. is a subsidiary of Hitachi Automotive Systems, Ltd., headquartered in Tokyo, Japan. The company is engaged in the development, manufacture, and sales of motors for electric vehicles (EVs).