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One of the heaviest and most expensive individual pieces of a car is the wiring harness, which is a little-known fact in the field of automotive electronics and electrics (after the engine and transmission). In addition, the wide variety of car types available today necessitate custom wire systems for practically all configurations. As a result, the cabling is mostly made by hand, which increases its cost.
An electric or hybrid vehicle’s connectors and wire harness components must be capable of operating at their peak performance without any possibility of malfunction. This is why each wiring harness needs to have a number of fail-safe components installed.
Additionally, the incorporation of cutting-edge technologies like lightweight harness systems and high-voltage wiring harness systems in electric vehicles (EVs), as well as the surge in demand for autonomous passenger cars and light trucks,
The Italy EV Wiring Harness Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2026, registering a CAGR of XX% from 2022 to 2027.
A definitive closure agreement for the purchase of the operations of Italian wire harness maker Cablelettra S.p.A. was signed, according to a statement from Yazaki Corporation.
All of the assets and business operations of Cablelettra’s subsidiaries outside of Italy will be acquired by Yazaki Automotive Products Srl, a newly established Italian subsidiary of Yazaki Corporation (Poland, Tunisia, China and Brazil). Increasing its business potential in the European and Brazilian markets is the goal of this purchase.
