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Vehicle electrification shaking industry pyramid in Japan


Companies from outside the automotive industry, such as electrical appliance manufacturers, find it easier to enter the market for electric vehicles, which feature a simpler structure than gasoline models.
The president of an auto parts maker in Ota, Gunma Prefecture, known as a factory town of Subaru Corp., emphasizes the need for conversion in its business line. We should develop links with companies that can steadily produce motors, he said.
It does not seem easy for auto parts makers to find new demand elsewhere, however.
In the aircraft industry, which has attracted attention as a potential source of alternative demand, Mitsubishi Heavy Industries Ltd. s project for Japan s first domestically developed small passenger jet has suffered setbacks. Also, it is uncertain whether the aerospace industry will generate as much future demand for parts manufacturers as automobiles do. ....

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