Establishment of a Product and Technology Development Structure for EV Initiatives

「In bearings, in the automotive sector, we are developing and bringing to market bearings that address the need for smaller and lighter EVs, lower losses, higher speeds and resistance to electrical corrosion.」

「カーハイドロリクス is developing products for EVs and industrial machinery based on its technologies for automotive solenoids and vane pumps. In fiscal 2022, a new high-response solenoid actuator was newly installed in electric vehicles.」

「カーハイドロリクス is developing actuators and pumps for EVs based on its technologies for automotive solenoids and vane pumps, and began mass production of new actuator models in fiscal 2021.」

「With a view to the future expansion of the EV market, the Company is also working to expand its lineup of electronically controlled actuators that do not use hydraulics, and plans to launch new models in fiscal 2020.」

「To achieve these objectives, the Company will continue to make focused investments in its robotics business. In addition to the EV Product Development Department and EV Promotion Department, it established the AI Development Department within the Technology Development Division and is working to build core products and technologies for markets related to automation, information technology and electrification.」

「In addition, the Company established the EV Product Development Department and the EV Promotion Department within the Technology Development Division to develop EV-related products and technologies, and is working to establish products and technologies that will serve as core offerings in the EV market.」