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Japanese suppliers form venture for modular EV battery factories – report
Key takeaways
- Japanese suppliers form venture for modular EV battery factories – report.
- According to Nikkei Asia’s report, the initiative is being led by Swiftfab Energy Systems, a company formed in April by nine battery equipment suppliers.
- Founding members include Hitachi, Ricoh, Toyota Motor-affiliated Jtekt, Komatsu subsidiary Komatsu NTC and industrial air-conditioning manufacturer Seibu Giken.
Japanese suppliers form venture for modular EV battery factories – report. The venture · Just Auto Global Data Wed, June 3, 2026 at 7:13 PM GMT+7 2 min read 6501.T 7752.T TM 6301.T 6223.T Japanese battery equipment manufacturers have established a new venture to develop modular electric vehicle (EV) battery factories, a model they say could significantly reduce equipment costs and shorten construction timelines.
According to Nikkei Asia’s report, the initiative is being led by Swiftfab Energy Systems, a company formed in April by nine battery equipment suppliers.
Founding members include Hitachi, Ricoh, Toyota Motor-affiliated Jtekt, Komatsu subsidiary Komatsu NTC and industrial air-conditioning manufacturer Seibu Giken.
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