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Furukawa Electric Co. Ltd. announced that its magnet wire producing subsidiary Furukawa Magnet Wire has co-developed a rectangular magnet wire with a voltage resistance of up to 1,400-1,500V. The higher voltage rating and shape factor is believed to make the cable suitable for motors within small hybrid energy vehicles (HEVs) or electric vehicles (EVs). The company is supplying Toyota with this magnet wire for use in its 'AQUA' HEV. Furukawa will expand monthly production at its plant in Mie, Japan by 50% to 300t in this fiscal year to meet demand from rising production of AQUA and to supply other HEV/EV manufacturers.