New Delhi Nov 14 (IANS) 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
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