Thriving Odawara Engineering works on ‘hairpin’ coil-winding machines
The global market for coil-winding machines is projected to expand at 10% annually and will reach $1.3bn in 2024
20 July 2020 - 11:24
Tokyo — Deep in the electric-vehicle industry’s supply chain is a little-known Japanese manufacturer that makes a seemingly mundane, but essential, device: coil-winding machines.
If the motor is the heart of an EV, then coils in turn are the heart of the electric motor. Odawara Engineering, founded 70 years ago as a supplier for appliance makers, is an expert in the making the dense loops of wire that go into those motors. Tesla, manufacturer of the Model S and Model 3 sedans and most recently the world’s most-valuable vehicle maker, is one of its biggest customers...
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