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Power electronics and electrical machines (PEEM) are necessary for the operation of advanced electric drive cars (EVs), including hybrid-electric vehicles (HEVs), plug-in hybrid electric vehicles (PHEV), fuel cell electric vehicles (FCVs), and battery electric vehicles (BEVs).
Power electronics transform and deliver electrical power to several other automotive systems, including lighting, infotainment, and heating and ventilation. Chargers, DC/DC converters, and inverters are common power electronics components.
Japanese companies continue to hold a substantial market position in the realm of power semiconductors, which is a subset of chip goods. Japan is home to many automakers, the end consumers, and the Ministry of Economy, Trade, and Industry views this as a crucial sector in its semiconductor strategy.
The Japan EV Power Electronics Market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2026, registering a CAGR of XX% from 2024 to 2030.
As demand for electric vehicles soars, the Japanese chipmaker Renesas Electronics will invest to enhance power semiconductor output. In the Yamanashi Prefecture of central Japan, Renesas plans to revive its Kofu facility.
The company plans to double chip output capacity by installing new, mass-production-ready equipment that is compatible with 300 mm wafers. Power semiconductors are made by the company on wafers that range in size from 150 to 200 mm.
The Kofu factory will start up and transition to full-scale mass production, mostly for cars.
Fuji Electric, a Japanese company, will spend to increase the manufacturing of power semiconductors, which are used to control power flows in various devices including air conditioners and electric vehicles.
The choice was made in response to “increasing demand from renewable energy” applications, including solar and electric vehicles.
