TOKYO — Japanese machine tool makers are benefiting from rising orders of auto-related devices as the intensifying competition among electric vehicle and plug-in hybrid makers in China spurs EV giant BYD to move mold production in-house to cut costs.
BYD moves mold-making in-house, boosting machinery orders
Molds made by equipment from Makino Milling Machine. Orders for machine tools from Chinese companies are rising. (Photo by Takuro Hosoda)
TAKURO HOSODA
September 4, 2025 05:46 JST
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