According to foreign media reports, Japanese Electric Co., Ltd. will invest 200 billion yen in the next decade ($ 1.83 billion) to establish a European production center in Serbia to produce electric vehicles and household appliances. Electricity is known for the production of precision motors for computer hard drives and smartphones, which will establish manufacturing centers in Novi Sad, Serbia. At the Press Conference of the Electric CEO, Jun Seki said at the press conference on April 9 that the top two factories are expected to be completed in 2022 and will hire 1,200 new employees. SEKI revealed that ultimately, 10,000 employees will take 10,000 employees. The production center will integrate its capacity in Europe. In the context of carbon emissions restrictions and increased consumer demand, automotive manufacturers accelerate steering electric vehicle production, and it is expected that electric vehicle demand will increase by 10 times in the next 10 years. Electricity is to further enter the growing electric vehicle market, cutting the cost and delivery time of electric vehicle drive systems, and the electric drive system is the key to the company’s future growth. Electricity is seeking to occupy one-third of the energy-saving electric motor market. Currently, electricity is a motor shaft (E-AXLE), which provides electric shaft (E-AXLE) and Robert Bosch, and Toyota Subsidal Blue Nexus. In February of this year, electricity announced that it will cost 30 billion yen to acquire a subsidiary of Mitsubishi Heavy Industry to obtain key technologies for producing electric auto parts.