- In June 2023, Musashi Auto Parts India Pvt. Ltd., a subsidiary of Musashi Seimitsu Industries, unveiled plans to enter India's electric mobility market. They will produce an integrated EV unit including motor, power control unit (PCU), and gearbox at their Bengaluru plant from October 2023, emphasizing high-performance and safe automotive components for two-wheelers and four-wheelers
- In June 2023, Nidec Corporation and Renesas Electronics Corporation announced a partnership to develop semiconductor solutions for advanced E-Axle systems. Their collaborative X-in-1 system integrates EV drive motor and power electronics to enhance electric vehicle performance and efficiency, targeting next-generation mobility solutions
- In June 2023, Idemitsu Kosan Co., Ltd. introduced "E AXLE and Electric Parts Cooling Oil," a cutting-edge solution to optimize electric and hybrid vehicle drive units, electronics, and battery systems. This innovation aims to improve overall performance and efficiency in response to the growing demand for sustainable automotive solutions
