The 42V Mild Hybrid System has been released into market by Toyota for the first time in the world in 2001. The set-up employs an inverter unit to control the motor/generator (MG) electronically. The driving system called such as Toyota Mild Hybrid System (TMHS) has additional new functions to conventional internal combustion engines. When stopping vehicle, the engine stops promptly. When starting vehicle, by releasing the brake pedal MG starts the vehicle at the same time (EV-driving mode). When stepping on the accelerator pedal, or after a given period of time the engine firing occurs and the engine-driving mode starts. When running by motor, the power is supplied to the motor from 36V battery through the inverter. High outputs and instant responses are required for Inverter. At the same time, the compact volume is required to fit into the limited space of the engine room. The compact size and high output are also required to Power Capacitor used for this inverter. The power capacitors has been newly developed, shaped in "flat" type, suitably for the inverter. The points of developments on inverter and power capacitor are described in this paper.his paper.