December 31, 2011

Japanese manufacturing industry gets prepared for change to electric vehicles as many parts currently used could become obsolete according to a study

"According to a study published in August by the Shizuoka Economic Research Institute, almost 30 percent of sales in Japan’s 34.6 trillion yen ($430 billion) auto parts industry comes from parts that could be rendered obsolete by electricity-powered vehicles. "

Source: Japan’s Auto Parts Makers Try to Anticipate Shift to Electric Cars
Published: November 2, 2010

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