Musashi Seimitsu Industry Co., Ltd. (Global Headquarters: Toyohashi-city, Aichi, Japan; President and CEO: Hiroshi Otsuka) has formed a capital alliance with SoftWheel Ltd. (SoftWheel; Global Headquarters: Tel Aviv, Israel; CEO: Daniel Barel), an Israel-based venture that developing advanced technologies for electric auto mobiles. Musashi will take part in their development activities to commercialize them.
Musashi has been focusing on developing its original reduction gear boxes for xEV that the demand is expected to rapidly grow in the market. The company is also expanding R&D activities of Linkage and Suspension on a global basis, while taking a challenge for the new and upgraded requirements. On the other hand, SoftWheel’s new platform for electric vehicles offers a system that combine the drivetrain, suspension, e-motor, steering and brakes and aiming to reduce space and weight and power consumption.
SoftWheel’s innovative in-wheel technology is recognized as the enabler of future vehicle platforms including EV, hybrid and autonomous vehicles. By integrating Musashi’s technologies and global sales network with SoftWheel’s, we will, together, accelerate the R&D activities to commercialize the system.
About SoftWheel Ltd.
Established in 2011, SoftWheel is a technology company headquartered in Tel Aviv, Israel.
SoftWheel develops cutting edge systems for the automotive industry, enabling the fusion of the drivetrain, suspension, e-motor, steering, and brakes into the vehicle’s wheel. Its innovative technology enables significant reduction in space, weight, and energy consumption of vehicle platforms for EV, hybrid, and autonomous vehicles.
SoftWheel is also active in the personal mobility sector, providing in-wheel technology for wheelchair and bikes. SoftWheel’s system reduces pain for wheelchair riders and increases their comfort, significantly improving the daily riding experience.
SoftWheel is active in North America and Europe and is providing its wheelchair technology to American veterans through its partnership with Ki Mobility and to the general U.S. market through Numotion. As medical devices, SoftWheel’s wheels, which are clinically proven to provide benefits and are FDA and CE approved, are reimbursed in select global markets.
Website: http://softwheel.technology/
About Musashi:
Musashi Seimitsu Industry Co., Ltd. is a global auto parts Tier1 company for automobiles and motorcycles, whose headquarters is located in Toyohashi, Japan. It has 30 manufacturing sites spreading across Europe, North and South America, China, and South East Asia. Musashi specializes in designing, developing and manufacturing powertrain products such as Differential Assemblies, Planetary Gear Assemblies, Transmission Gears and Assemblies, and Reduction Gears for xEVs, which are supplied to global major OEMs and Tier1s. Linkage and suspension products are also strategic products of Musashi.
In 2016, Musashi acquired European base “Hay Holdings” and renamed by adding “Musashi” on every subsidiary’s company name to accelerate synergies and to penetrate Musashi brand in the region.
Musashi is listed on the first section of Tokyo Stock Exchange (TYO: 7220).
Website: http://www.musashi.co.jp/en/
Musashi has been focusing on developing its original reduction gear boxes for xEV that the demand is expected to rapidly grow in the market. The company is also expanding R&D activities of Linkage and Suspension on a global basis, while taking a challenge for the new and upgraded requirements. On the other hand, SoftWheel’s new platform for electric vehicles offers a system that combine the drivetrain, suspension, e-motor, steering and brakes and aiming to reduce space and weight and power consumption.
SoftWheel’s innovative in-wheel technology is recognized as the enabler of future vehicle platforms including EV, hybrid and autonomous vehicles. By integrating Musashi’s technologies and global sales network with SoftWheel’s, we will, together, accelerate the R&D activities to commercialize the system.
About SoftWheel Ltd.
Established in 2011, SoftWheel is a technology company headquartered in Tel Aviv, Israel.
SoftWheel develops cutting edge systems for the automotive industry, enabling the fusion of the drivetrain, suspension, e-motor, steering, and brakes into the vehicle’s wheel. Its innovative technology enables significant reduction in space, weight, and energy consumption of vehicle platforms for EV, hybrid, and autonomous vehicles.
SoftWheel is also active in the personal mobility sector, providing in-wheel technology for wheelchair and bikes. SoftWheel’s system reduces pain for wheelchair riders and increases their comfort, significantly improving the daily riding experience.
SoftWheel is active in North America and Europe and is providing its wheelchair technology to American veterans through its partnership with Ki Mobility and to the general U.S. market through Numotion. As medical devices, SoftWheel’s wheels, which are clinically proven to provide benefits and are FDA and CE approved, are reimbursed in select global markets.
Website: http://softwheel.technology/
About Musashi:
Musashi Seimitsu Industry Co., Ltd. is a global auto parts Tier1 company for automobiles and motorcycles, whose headquarters is located in Toyohashi, Japan. It has 30 manufacturing sites spreading across Europe, North and South America, China, and South East Asia. Musashi specializes in designing, developing and manufacturing powertrain products such as Differential Assemblies, Planetary Gear Assemblies, Transmission Gears and Assemblies, and Reduction Gears for xEVs, which are supplied to global major OEMs and Tier1s. Linkage and suspension products are also strategic products of Musashi.
In 2016, Musashi acquired European base “Hay Holdings” and renamed by adding “Musashi” on every subsidiary’s company name to accelerate synergies and to penetrate Musashi brand in the region.
Musashi is listed on the first section of Tokyo Stock Exchange (TYO: 7220).
Website: http://www.musashi.co.jp/en/