Engine firms in Japan in deep thoughts about EV’s

There are winners and losers with every aspect of advancement in the business world. After years of steady jobs and prosperity these folks are concerned about their future. Things are changing so fast in the world economy that when working for corporations you can only hope the company you are working for plans ahead! Way, way ahead….

From the Detroit News:

Hamamatsu, Japan— People here refer to it as “electric vehicle shock.” Sooner or, more likely, later, the electric car could render thousands of companies superfluous here in the heart of Japan’s auto parts region.

No more engines. No call for exhaust pipes. Spark plugs? Gone with the electric-car wind.

A recent widely circulated study predicts the eventual demise of much of Hamamatsu’s gasoline engine economy. Spurred by that study and a sense of foreboding, carmakers, parts factories and local governments in this sprawling industrial town are joining forces to prepare for a future of electric vehicles.

Suzuki Motor, based in Hamamatsu, helped found a regional alliance in October that will help parts makers develop automotive technologies geared toward electric cars and other industries.

Read the rest of the article.

  

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