October 10, 2019 Toyota Industries to Launch Overseas Manufacturing of Electric Compressors

Toyota Industries Corporation (President: Akira Onishi) is scheduled to begin its first-ever overseas manufacturing of electric compressors in China, starting in early 2020. Production volume and scale are expected to increase in stages in the future. TD Automotive Compressor Kunshan Co., Ltd. (hereinafter called TACK) and Yantai Shougang TD Automotive Compressor Co., Ltd. (hereinafter called YST), the company’s compressor production sites in China, will install new production lines for the manufacture and supply of electric compressors.

Use of electric compressors has grown for electrified vehicles including hybrid, plug-in hybrid and electric vehicles and production volume is growing each year. Since pioneering electric compressors mass production in 2003, Toyota Industries has established a solid position as the global market-share leader, increasing production with growth of the market and manufacturing roughly 20 million units to date. With the rapid expansion of electrified vehicles in China, the world’s largest motor vehicle market, especially in response to NEV regulations, Toyota Industries plans to take advantage of the strong demand through greater localized production. Simultaneously, it will focus development efforts on creating more compact and better-performing compressors to contribute to further improvements in power conservation and air-conditioning performance.

Toyota Industries Corporation will continue to engage in the development of procurement and manufacturing systems optimized to electrification-related products, such as the electric compressor, to deliver products that satisfy customers around the world and contribute to making the earth a better place to live, enrich lifestyles and promote a compassionate society.

* As of March 2019

【Electric compressors to be manufactured in China】