Japanese automotive supplier NTN is taking a significant step into the rapidly growing Chinese electric vehicle (EV) market by expanding its production of electric vehicle bearings. As the world transitions towards more sustainable and environmentally friendly transportation options, EVs are becoming increasingly popular, and countries like China are at the forefront of this shift. NTN's move into China's EV bearing production market is expected to strengthen its presence in the region and capitalize on the country's massive demand for EV components. With China's ambitious EV production targets and NTN's extensive experience in the automotive industry, this expansion is likely to have a significant impact on the global EV supply chain.
NTN starts China push for EV bearing production Just Auto