NEWS RELEASE

8 January 2024
AIDA ENGINEERING, LTD.
Toshihiko Suzuki
Representative Director and President

AIDA's 'High-Speed Precision Press Line for Producing EV Drive Motor Cores'Awarded the "2023 Ten Greatest New Products Award" by the Nikkan KogyoShimbun (Business and Technology Daily News)―――――――――――――――――――――――――――――――――――――――――――We are pleased to announce that the "High-Speed Precision Press Line for Producing EV Drive
Motor Cores" developed by AIDA was awarded the 66th Annual "2023 Ten Greatest New ProductsAward" by the Nikkan Kogyo Shimbun (Business and Technology Daily News) (Note 1).
[Product Overview]
In order to provide our customers with the optimal high-speed precision press line for producing
difficult-to-form EV drive motor cores, we independently developed a complete array of peripheral
equipment to achieve world-class high-speed forming, including an uncoiler, an S-loop device, afeeder, a core rotator, and a scrap cutter.
This system is equipped with cutting-edge digital and AI (artificial intelligence) technologies,
enabling us to provide customers with a comprehensive solution for an entire high-speed precisionpress line that incorporates DX (digital transformation) technology.
[Reason for the Award]
The following points were favorably evaluated when this was awarded. (Excerpted from judges'comments)
Until now, no press manufacturer had independently developed and manufactured an entire system
for forming the drive motor cores required for EVs, and peripheral equipment, etc., had instead beenordered from third parties. However, AIDA succeeded in being the first in its industry to independently
develop and manufacture such a line, including both the software and hardware.
Specifically, AIDA has developed cutting-edge DX and AI features for high-speed presses and has
incorporated these features in its high-speed presses and its peripheral equipment. The facialrecognition system prevents erroneous operation by unauthorized personnel, and AIDA has also
developed an oil temperature management system to maintain high-precision forming as well as apredictive failure detection system, etc., making AIDA the first to achieve automated production inthis field.
This system is expected to greatly boost EV motor core production (increasing demand is forecasted)
and to also help combat the existing shortage of skilled workers.

We will continue to strive to develop environmentally friendly technologies and to further improvecustomer service.
Please refer to the following for more product details:
・AIDA ENGINEERING, LTD. Homepage--Introduction to a Dedicated EV Drive Motor Core Linehttps://www.aida.co.jp/en/products/product62.html

Our High-Speed Precision Press Line for Forming EV Drive Motor Cores(The Press is an Exhibition Model)(Note 1): This award was first established by the Nikkan Kogyo Shimbun (Japan Business &Technology Daily News) in 1958 for the purpose of encouraging the development of superiornew products and spurring even higher technological advances in Japanese industry. Afteran exacting selection process among all the new products introduced to the marketplace, thisaward is awarded to 10 new products, and this award is currently considered to be the mostprestigious of all such awards.