Companies
Auto parts supplier will invest $379m in Kentucky plants to meet growing demand
Astemo’s plan to boost capacity comes after primary customer Honda said it would focus on hybrids over electric and fuel cell vehicles. (Photo by Kazuho Fujiwara)
KANTARO FUSHIKI
September 11, 2026 23:13 JST
TOKYO — Japanese automotive parts supplier Astemo plans to invest a total of $379 million in two U.S. plants to boost production capacity for electric motors, primarily for hybrid vehicles as North American demand rises.