Japan's ROHM enters India's EV parts market

Image
IANS New Delhi
Last Updated : Nov 14 2017 | 7:58 PM IST

Japanese semiconductor manufacturer ROHM on Tuesday announced its plans to foray into India's electric vehicle (EV) and hybrid-electric-vehicles market, with a special focus on the two-wheeler segment.

The company announced the availability of new Nano Pulse Control Technology-based integrated circuit for the Indian market -- a 2MHz switching regulator with built-in MOSFET (metal-oxide-semiconductor field-effect transistor) -- required for 48V automotive systems, such as mild hybrid vehicles.

"Electrification of two-wheelers is happening rapidly and this will grow. We are seeing a lot of traction and that is why we are releasing this product at this point of time," said Britto Edward, Head, Design Centre, India, of ROHM.

"We are working with some tier one companies mostly in the two-wheeler segment because we are seeing a lot of traction in that segment," he added.

The company is a supplier of auto-electronic components providing energy efficient power solutions for hybrid electric vehicles.

"We are expecting, especially in the automotive segment, a CAGR (compounded annual growth rate) of 33 per cent in the next five years... Actually I'm expecting much more because of the EV and hybrid EV market that we'll be coming in now," said Daisuke Nakamura, Managing Director, ROHM Semiconductor India (RSI).

RSI was established in 2011 as a sales subsidiary of ROHM in India. It currently has bases in Bengaluru, Chennai, Pune and New Delhi.

In 2014, a design centre was opened in Bengaluru to provide local development support and propose reference designs.

--IANS

ppg/him/dg

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Nov 14 2017 | 7:24 PM IST

Next Story